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Rcs, Mediobanca drops below 10% of the capital

With an operation dated February 28, Mediobanca sold new stakes in RCS, falling below 10% – According to Consob communications, the Milanese institution has sold about 5 percentage points of its stake from September to today.

Rcs, Mediobanca drops below 10% of the capital

Mediobanca's gradual descent into RCS's capital continues. According to communications released by Consob, the Milanese institute now settles under 10% of the capital of the publishing group. Starting from last September, the bank would have cut about 5 percentage points on its stake, going from 14,9% to 9,93%, with this operation dated February 28th. Already in the month of January Mediobanca had sold 2% of the capital of Rcs.

In the late morning, Mediobanca shares dropped 0,58% in Piazza Affari, while RCS Mediagroup shares advanced by more than 2%.

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