Mediobanca: 'We have not lodged any complaint on the Delfin-Caltagirone concert hypothesis'

The banking risiko is enriched by a new judicial chapter. Mediobanca, in fact, has denied having lodged a complaint with the Milan Public Prosecutor's Office in relation to the takeover bid launched by Mps on Piazzetta Cuccia itself, alleging 'concerted' action between the two shareholders Francesco Gaetano Caltagirone and the Del Vecchio family's Delfin holding company. A complaint that in any case traces back to what had already been denounced in the past by Generali, which had asked Consob and Ivass to ascertain an alleged hidden pact between Delfin and the Caltagirone group. Those investigations carried out by the authorities had not revealed any wrongdoing.

Meanwhile, Banca Mediolanum and Mediolanum Vita will vote in favour of thepublic exchange offer promoted by Mediobanca on Banca Generali at the shareholders' meeting convened on 16 June.

In a press release issued after the board meetings held today, it is in fact written: "The boards of directors of Banca Mediolanum and Mediolanum Vita - both members of the Mediobanca shareholder consultation agreement - met today to deliberate on the vote to be cast in the ordinary shareholders' meeting of Mediobanca to approve Mediobanca's voluntary public exchange offer for all of Banca Generali's ordinary shares.

The board of directors of Banca Mediolanum and the board of directors of Mediolanum Vita resolved to vote in favour, having positively assessed the industrial development prospects and the financial forecasts related to the transaction'.

Norges Bank has also come out in favour of Mediobanca's public exchange offer for Banca Generali. The Norwegian sovereign wealth fund, which holds about 1.45% of Piazzetta Cuccia, has in fact announced on its website its vote in support of the board of directors' proposal ahead of Monday's shareholders' meeting.