28-05-2025
The Billionaire Who Would Revive Generali by Preventing a Deal
Construction magnate Francesco Gaetano Caltagirone is shaping Italy's M&A wave, seeking to ensure Generali doesn't 'fall into the wrong hands'
The apartment blocks which Francesco Gaetano Caltagirone has constructed across Rome since the 1960s are so ubiquitous, the construction tycoon is sometimes referred to as the city's 'Eighth King."
Now, the 82-year-old ruler of a corporate empire stretching from cement to newspapers, banks and insurance companies is engaged in a boardroom struggle that is set to shape the future of Italian finance — and define his own legacy.
