CEO Alberto Nagel plans to present Mediobanca's bid for the private bank Banca Generali to a group of Italian investors on June 4, a source with knowledge of the matter said on Tuesday, ahead of a sha
Banca Generali posted a first-quarter net profit of 110.3 million euros ($124.08 million) on Friday, beating analysts' consensus of 101.5 million euros provided by the bank.
Mediobanca's proposed acquisition of wealth manager Banca Generali is "a good deal" and does not conflict with Monte dei Paschi di Siena's bid for Mediobanca, an investor in the latter was quoted as s
A bid by Monte dei Paschi di Siena's acquisition target Mediobanca for Banca Generali is a plus for the takeover project, the head of a leading Monte dei Paschi investor said on Wednesday.
The lender's a bid for the private bank is the latest twist in a wave of consolidation in Italy's crowded banking market.
Italy's Mediobanca said on Monday it launched a voluntary public exchange offer to acquire Banca Generali in a deal worth 6.3 billion euros ($7.15 billion).
Generali Chief Executive Philippe Donnet faces a shareholder vote on Thursday to stay in the job for another three years, after he struck a landmark asset management deal that irked both a major inves
Italy's Benetton family, a leading investor in Generali with a 4.8% stake, will abstain in Thursday's vote to pick the insurer's new board, keeping out of a shareholder battle, two people close to the
UniCredit has increased its stake in insurer Generali to between 6% and 7%, a person with knowledge of the matter said on Thursday, ahead of a key shareholder vote to pick a new board of directors.
Proxy adviser Glass Lewis has recommended Generali investors vote to hand CEO Philippe Donnet another term at a general meeting on April 24.
Leading governance adviser Institutional Shareholder Services (ISS) has recommended Generali investors vote to hand CEO Philippe Donnet another term at a general meeting on April 24.
Generali has no intention to come to a showdown with the Italian government over its proposed asset management tie-up with BPCE-owned Natixis Investment Manager, CEO Philippe Donnet said in an intervi
Italy's insurance regulator IVASS needs more details about internal control and governance systems as it reviews domestic leader Generali's proposed asset management tie-up with French bank BPCE, two
Italy's Mediobanca , Generali's top investor, said on Friday it had proposed another term for CEO Philippe Donnet at the helm of the country's biggest insurer.
A group of fund managers said on Friday they would put forward four candidates for the new board of Generali , stoking uncertainty around the outcome of a key shareholder vote next month at the countr
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