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UniCredit Chief Executive Andrea Orcel ruled out on Tuesday the bank could make a play for Assicurazioni Generali , Italy's ...
Italy's biggest insurer Generali posted a higher profit for the first quarter, as it prepares to review a bid from its ...
That, however, would put UniCredit on a collision course with Intesa Sanpaolo, Italy's main bank, which is focused on wealth management and insurance. It also requires Generali to ditch a ...
Italy's Mediobanca struck back today in its fight for independence by announcing a €6.3 billion offer for private bank Banca Generali to be financed by using its stake in insurer Generali.
Banca Generali is 50.2% owned by Generali, where Mediobanca last week scored a major victory against Caltagirone-Delfin by naming 10 out of 13 directors at the insurer, including CEO Philippe Donnet.
Mediobanca is planning to use its 13.1 percent stake in Italy's largest insurance company, Generali, to pay for the acquisition of the group subsidiary Banca Generali, the statement said.
which dates back to the 1950s and makes Mediobanca the biggest Generali investor, has led the Milanese bank to clash with the other two major shareholders: construction magnate Francesco Gaetano ...
Investing.com-- Italy’s Mediobanca (BIT: MDBI) said on Monday it will submit a 6.3 billion euros ($7.16 billion) all-share offer to acquire Banca Generali (BIT: BGN), a deal that could ...
In a significant escalation of its campaign against illegal streaming, Italy has begun issuing fines to thousands of individuals who subscribed to pirate IPTV services. This move follows a recent ...
Marco Azzani, the former Country Manager for Prime Video Italy, has joined Rainbow Group as Executive VP of Digital Channels and Distribution. He had exited Amazon in February after a decade and ...