Generali

G: XMIL (ITA)
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Generali: Mediobanca Lines Up an Offer for Banca Generali

Mediobanca has outlined in a press release an offer for 100% of the shares of Banca Generali. However, the deal is dependent on over 50% of Mediobanca's shareholders approving a deal at a June 16 meeting and comes on the back of a hostile bid for Mediobanca from Monte dei Paschi di Siena.

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