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Mediobanca May Delay Vote on Banca Generali Bid, Repubblica Says
By and Sonia Sirletti
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Mediobanca called a board meeting on Sunday to decide whether to postpone an investor meeting to endorse its plan to takeover Banca Generali SpA, La Repubblica reports, without mentioning where it obtained the information.
According to the newspaper, a potential delay of the shareholder meeting, scheduled for Monday, would be justified as some of Mediobanca's shareholders, such as billionaire Francesco Gaetano Caltagirone, asked earlier this month for a postponement due to lack of sufficient information to make a decision.
