Norges Bank and Banca Mediolanum to back Mediobanca's bid for Banca Generali
Norway's sovereign wealth fund Norges Bank and Italian asset manager Banca Mediolanum on Wednesday joined a group of Mediobanca shareholders supporting its bid for private bank Banca Generali. Mediobanca in April proposed buying Banca Generali from insurer Generali as it in turn seeks to stave off a buyout from…
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