Rome, July 25, 2025 (AFP) - Mediobanca says Italy won't stand in way of its Banca Generali bid

NAMPA / AFP

2025-07-25

Italy's Mediobanca said Friday the government had decided not to exercise its special "golden powers" that could have hampered the bank's planned takeover of wealth management firm Banca Generali. In a brief statement, Mediobanca said Italy's cabinet office had told it that it intended "not to exercise the special powers... with reference to the voluntary public exchange offer promoted by Mediobanca" for all ordinary shares of Banca Generali. am......

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