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Generali sells 13% of Save (Aeroporti Venezia) to Morgan Stanley

The progressive exit of a historic shareholder like Generali takes place in favor of another important shareholder such as the Morgan Stanley infrastructure fund – In this way, control of the Venice Airport remains firmly in the hands of Enrico Marchi.

Generali sells 13% of Save (Aeroporti Venezia) to Morgan Stanley

Less speculation, more solidity, and the company increasingly in the hands of Enrico Marchi. In fact, after months of tensions, the president of Save, the company that controls the Marco Polo airport in Venice, successfully closed the airport deal, accompanying the exit of a historic shareholder, such as Generali, and strengthening another important shareholder, such as Morgan Stanley's infrastructure fund.

In this way, control of the Venice Airport remains firmly in Marchi's hands, and theappeal speculator who has held court on the stock for a year, whose free float has in the meantime decreased below 10% of the capital. Save will therefore remain not only in Italian hands, but with an even more stable governance and with such armored control as to discourage any hostile incursions.

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