International Companies

Mediobanca pulls Banca Generali bid after shareholder revolt

By Benjamin Chiou

Date: Thursday 21 Aug 2025

(Sharecast News) - Italian banking group Mediobanca has dropped its €6.3bn takeover approach for peer Banca Generali after shareholders vetoed the plan.
Shareholder votes representing 35% of the share capital were in favour of the deal, while 10% were against and a further 32% abstained.

The bank needed at least...

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