Comment & Analysis
Italy’s Mediobanca launches €6.3bn offer for Banca Generali
Italy’s Mediobanca on Monday launched a €6.3bn offer to buy domestic rival Banca Generali as it expands in wealth management as part of a wave of consolidation in the country’s banking sector. Mediobanca said it would fund the deal by selling its shares in Assicurazioni Generali, Italy’s largest insurer, which…
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Click here to read the full story: Financial Times