28-04-2025
Mediobanca Offers to Buy Banca Generali in €6.3 Billion Deal
Mediobanca SpA launched a surprise takeover for Banca Generali SpA, the wealth manager controlled by Italian insurer Assicurazioni Generali SpA, in a deal valued at €6.3 billion ($7.2 billion).
It's the next development in a wave of potential deals sweeping Italy 's financial services sector. Mediobanca itself is a takeover target as it faces a bid from Banca Monte dei Paschi di Siena SpA, which it has rejected, and its bid is likely a defensive move.
