Generali, a listed Italian insurer, has put its BSI private banking unit on the block, according to Reuters. J.P. Morgan will manage the process. www.generali.com
Visteon Corp. (NYSE: VC) has offered to acquire the 30% it doesn’t already own of listed South Korean automotive air conditioner maker Halla Climate Control Corp. The bid is valued at approximately $800 million, or 28,500 won per share (14% premium to most recent closing price). www.hcc.co.kr
OMERS Private Equity has agreed to sell a portfolio of 11 private equity fund commitments to AXA Private Equity for $850 million.
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