US Edition23 Articles
23 Articles
In favor of only 35%. No Caltagirone, Delfin abstained and social security funds. Unipol came out of the capital as an effect of the green disc of the ECB all'Ops del Monte. Now Mps lies the paved road for its climb. Mediobanca fort has lost the last barricade. L'Ops on Banca Gene...
Mediobanca shareholders reject Banca Generali bid, la Stampa reports
Shareholders of merchant bank Mediobanca have rejected the proposal of its chief executive Alberto Nagel to buy Banca Generali, daily la Stampa reported on Thursday, dashing a takeover that would have created Italy's largest wealth manager.
The opponents were equal to 10%, substantially the Caltagirone Group: with the abstainers (including Delfin) they have reached 42%. The favorable ones have been 35%. In Piazza Affari Banca Generali collapses under quota 50 euros (49,24, -3.4%); Piazzetta Cuccia yields 1.4% to 20,98 euros and Mps 1,97% to 8,06 euros; Generali to -0,09%
Alberto Nagel called the market, and the market responded. With a sound rejection. Mediobanca's public offer of exchange on Banca Generali, created to try to counter...
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