Su Generali e Mediobanca no change: the Delfin financial company, which collects the important shareholdings collected over time by Leonardo Del Vecchio, will maintain (at least for now) the same line supported by the entrepreneur recently passed away. Translated: you don't sell and you don't go up. To affirm it, in a long interview with Sun 24 Hours, is the president of Dolphin, as well as president and CEO of Essilor Luxottica, Francesco Milleri, designated by Del Vecchio himself to succeed him.
Generali and Mediobanca: Delfin will manage the two investments in full continuity with the past
Generali, where Delfin holds 9,82% and is the third shareholder of the Trieste company e Mediobanca, in which Delfin in turn has 19,4% of the shares and is the first shareholder, "they are excellent investments conceived with Del Vecchio to make a contribution to the country, in support of the growth and stability of two national champions on the international scene ” and “they will both be managed in full continuity with the past” while bearing in mind that Delfin's investment priority “definitely remains Essilux, which by capitalization is now worth more than double that of Mediobanca, Generali and Unicredit combined”.
Generali and Mediobanca: a profound change of management is needed for Delfin
“Continuity – he specifies though Milleri – means that all the strategic choices made by Del Vecchio have been driven by a key director, a constant process of transformation which, for example, has led Luxottica to become EssilorLuxottica and Beni Stabili to become Covivio”.
In other words, Delfin's holdings in Generali and Mediobanca remain but are seen in possible evolutionary scenarios. Also because Milleri, during the interview, does not fail to recall that "Del Vecchio has always supported the need for a profound change in the management of both Mediobanca and Generali". The games in the chessboard of Italian big finance therefore remain open, even if no jolts are expected in the short term.
