UniCredit Turned to Delfin to Hike Generali Stake but No Deal, Paper Says

laverita.info

Right

Factuality

Ownership

The Generali dossier remains in the foreground, with Unicredit trying to cut out a more defined space in the capital of the Lion of Trieste where it already owns 8,72%. The other 10% in the hands of Delfin remains the main goal, the turning point for a game that Andrea Orcel is willing to play all the way. Continue reading

Herbert Frommes Versicherungsmonitor

Factuality

Ownership

The Italian bank Unicredit seems to want to expand its stake in the insurer Generali. According to a media report, Unicredit CEO Andrea Orcel pre-feeled at the Generali shareholder Delfin Holding and offered a share exchange. Another bank is also expanding its influence at Generali. Generali could have a new major shareholder with Unicredit © iStock 的 HJBC The Italian bank Unicredit wants its [...]

Portfolio

Factuality

Ownership

According to Il Sole 24 Ore, UniCredit attempted to acquire the Del Vecchio family's holding company, Delfin,'s 10 percent stake in Generali insurance company, but the offer was rejected.

Versicherungswirtschaft-heute

Factuality

Ownership

The Italian major bank Unicredit is looking for more market power, but comes up against resistance in the home market. As reported by the business newspaper "Il Sole 24 Ore", based on Insider, the financial institution has been knocking at the holding Delfin of the billionaire family Del Vecchio to examine the acquisition of further shares in the Generali. However, the offer was not accepted. The contribution Unicredit checks increase of General…

Quotidiano Nazionale

Factuality

Ownership

The structure of the 11 billion financing that would bring Leonardo Maria Del Vecchio to 37.5% of Delfin is in phase of redefinition. In recent weeks the negotiations with the banking consortium would have recorded a slowing down and for this reason - we learn from sources close to the dossier that yesterday confirmed to the "Ansa" how much anticipated from Il Sole 24 Ore - "spelt a plan B": it would be estimated the involvement of institutional…