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Mediobanca & Banca Generali: Complaint & Takeover Bid Update - Archyworldys
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Mediobanca & Banca Generali: Complaint & Takeover Bid Update - Archyworldys
Mediobanca’s Banca Generali Bid Gains Momentum Amidst Scrutiny MILAN – May 3, 2024 – In Milan, Mediobanca’s shareholders-represented by key investors-are backing… The post Mediobanca & Banca Generali: Complaint & Takeover Bid Update appeared first on Archyworldys.
Generali could sell his daughter Banca Generali to Mediobanca from Milan. It offers 6.3 billion euros and wants to finance the transaction through a share exchange. For a long time Generali had not responded to the offer, now the insurer officially said that he was reviewing the deal. The deal could postpone the balance of power at Generali. When it comes to the takeover, CEO Philippe Donnet would lose an important supporter.
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