The two key shareholders of Generali, Francesco Gaetano Caltagirone and Delfin, the holding company of the Del Vecchio family, have not deposited their shares. However, the 2023 budget was approved, a dividend growing by 10,3% and the buyback of own shares
Palenzona's move, with the lightning-fast exit of the Crt Foundation from Banco Bpm and the immediate strengthening of Generali, is one of the most important facts in Italian finance in this first part of 2024 and can influence quite a bit...
The provision, which regulates the governance of listed companies, now passes to the final examination of the Senate which will probably ratify it by the end of the month
In the press conference at the end of the year, the prime minister defended the rule on the board of directors' list which recently raised controversy
The Allianz CFO leaving the German group to land in Trieste will assume the role of CEO of Generali's insurance activities and will report directly to Donnet
The Prime Minister, pressured by American finance, removed the controversial rules on the Board of Directors list and increased voting rights in listed companies from the Capital Bill, leaving the Roman builder and publisher with a handful of flies in his hand
The Capital Bill, which provides for new governance rules for listed companies, will be approved only after the Mediobanca meeting on 28 October and will probably contain a relaxation of the constraints on the list of the outgoing Board of Directors
Mediobanca's Appointments Committee confirmed Nagel as CEO and Pagliaro as president. Positions too distant, due to a pre-meeting agreement between the outgoing council, Delfin and Caltagirone for the presentation of a single list in view of the meeting of 28 October. It grows…
On paper, the list of the outgoing board of directors, which will be presented shortly, is in pole position but an adverse front approaching 30% could reserve surprises. Unless last minute arrangements are made
Delfin excludes wanting to attack Generali but now the spotlight is shifting to Mediobanca where politics has its say and the rules of the game could change by messing up the current structures
In a surprise move, Delfin, the financial holding company of the Del Vecchio family, requested and obtained from Ivass authorization to raise more than 10% and up to 20% in Generali. With inevitable repercussions on Mediobanca in what is…
Four reasons behind Banco Bpm's new leap on the stock market: here's what it's all about
According to the writ of summons, six companies of the Caltagirone group would have obtained a capital loss for erroneous information from Banca Mps in the period 2008-2011. In the same period Caltagirone was vice president and member of the board
The Benettons' alliance with Caltagirone in the battle of the Generali was a real debacle for the Venetian family: it lost the Leone assembly and uselessly burned 60 million
The former Mediobanca enters the board of Generali even without the consent of the entire board, in place of the outgoing Francesco Gaetano Caltagirone
Marco Sesana is the new General manager of the Generali group: he is the spearhead of the reorganization decided by the Board of Directors - However, there is no agreement on the replacement of Caltagirone
Exchanges always with high volatility waiting for the next moves of the central banks - Recession or not? Economists are divided - Difficult to find an agreement in Generali
Black smoke in Generali's board of directors for the replacement of Caltagirone: Neri renounces and the minority insists on the ex Cirinà who, however, does not have the endorsement of the majority
Speaking before the parliamentary commission of inquiry into the banking and financial system, Donnet reiterated that Generali is a common good. The CEO defined the threats from France as "fantasies" and ruled out the possibility of a wedding with Unicredit
After the assembly and the tear on the internal committees, Caltagirone resigned from the board "with immediate effect". In the coming days the board to replace him. On pole Roberta Neri
The minority list led by Caltagirone, ousted from the goal, would have liked to get back into the game but remains excluded from all the approved committees
After the victory of Mediobanca and the defeat of Caltagirone in Generali will there be a showdown in Piazzetta Cuccia? It is very probable but the extraordinary participation of institutional funds in Trieste makes it clear that it will not be a walk in the park
With 55,9% of the votes, the list of the outgoing board of directors, headed by CEO Philippe Donnet and supported by Mediobanca, DeA and many institutional funds, beats the list of Caltagirone which garnered 41,7% - Here's how it's made up The…
At the General meeting, the strong participation of shareholders and the orientation of foreign funds seem to ensure victory for the list of the Board of Directors and for Donnet, but Caltagirone does not let its guard down
The Benettons, who have 4% of Leone in their portfolio, will vote for the Caltagirone list, but the General meeting remains very open and the high participation plays in Donnet's favor
Countdown to the eagerly awaited Generali meeting on Friday 29 April which must decide who will govern the company over the next three years. Who votes for whom and all the issues on the table
The CEO of Generali, Philippe Donnet, attacks in no uncertain terms the alternative plan presented by the Caltagirone list and spares no barbs at Costamagna and Cirinà
Del Vecchio and Crt take sides in favor of the Caltagirone list in the challenge of Generali in view of the shareholders' meeting of 29 April - Assogestioni presents the third list
The battle between Mediobanca and Caltagirone for control of Generali ignites Italian finance but neither of the two main shareholders has what it takes
Costamagna and Cirinà, candidates for the seats of president and CEO of Generali on the Caltagirone list, presented the plan that contrasts with the one developed by the current board
With immediate effect, Generali has suspended Luciano Cirinà, head of Leone in Austria and Eastern Europe who in recent days ran as anti-Donnet CEO candidate on the Caltagirone list
For the Generali board of directors, Caltagirone presents a list of candidates competing with that of Donnet – indicated Cirinà as CEO and Costamagna as president. There is also Flavio Cattaneo
On Monday, Generali's board of directors will approve the list to be submitted to the shareholders' meeting on 29 April for the leadership of the company centered on Donnet, while for the Caltagirone list, the Grieco hypothesis vanishes and Costamagna's candidacy for the presidency is advanced
Generali's board of directors has co-opted three new independent directors and indicated Andrea Sironi as chairman of the company ahead of the shareholders' meeting at the end of April
Gabriele Galateri is not running again for the presidency of Generali. He himself communicated it to the board of directors, not hiding his regret for the tensions between the main shareholders
Il Leone intends to clarify whether the investments of Caltagirone, Del Vecchio and Crt have complied with all the obligations and whether or not they are configured as a concert between shareholders
Caltagirone surprisingly abandons the consultation agreement with Del Vecchio and Crt in Generali but does not give up the dream of conquering the Trieste company - Legal reasons and corporate tactics at the basis of the decision
With the green light from Consob, the outgoing Generali board of directors will be able to present - as is already the case in Mediobanca - a list of candidates it has issued in view of the renewal of top management at the end of April and which it has…
Step forward in splitting Tim into two with the separation of the network, while the takeover bid project by KKR seems to vanish - Sharp censure by the Generali top management of Caltagirone's resignation, which is a prelude to the escalation of tensions between the two…
Three months after the Leone assembly, the Roman entrepreneur leaves the positions of councilor and vice president: "They opposed me" - President Galateri di Genola rejects the accusations
The possible American takeover bid on Tim and the white-hot duel between Mediobanca and the Calta-Del Vecchio consortium for the conquest of Generali promise a sparkling spring for Italian finance - With a possible tailspin - Here's what…
With the latest accessions, Leone reaches 66,67% of the capital of the Veneto company, which was the condition for validating the takeover bid and rises to 84,5% if we consider the stake that Leone already held - Now Donnet is prepare to…
Awaiting tomorrow morning's Mediobanca shareholders' meeting for which the two main private shareholders have deposited their shares in view of their participation - Meanwhile, Nagel shows off his third quarter accounts: profits up by more than 30%,…
With a majority, the Generali board of directors initiates the procedures for the renewal of top positions through the presentation of a list of candidates from the outgoing board, but the rebel shareholders oppose it and the game remains open while the…
Mediobanca prepares for the clash in the Generali meeting for the renewal of the top management and signs a securities loan that allows it to strengthen its voting rights in a pro-Donnet function and against the Caltagirone-Del Vecchio-Crt pact - The Committee…
The battle among Generali's top management heats up in view of today's Appointments Committee and Monday's board which must decide on whether or not to present a list of the outgoing board of directors, confirming or not Donnet's leadership,…
The Cassa di Risparmio Torino Foundation adheres to the shareholders' agreement of Caltagirone and Del Vecchio in an anti-Donnet function: in all they have 12,33% of the capital, one step away from Mediobanca - Green light from Ivass to purchase Cattolica Assicurazioni
Philippe Donnet remains intent on running for the third time to lead Generali despite the dissent of important shareholders such as Del Vecchio and Caltagirone. The non-executive directors of the Lion appreciate but only by majority, a sign that the game…
The anti-Donnet move by the Caltagirone-Del Vecchio duo shakes up Generali and holds sway throughout the financial community: today the first exam in Piazza Affari
War at the top of Generali: two of the main shareholders of the company, such as Del Vecchio and Caltagirone who hold a total of just under 11%, enter into a shareholders' agreement with the aim of giving battle to CEO Donnet and replacing him in sight…
On the eve of the eagerly awaited Generali board for the presentation of the list for the renewal of the company's board of directors next spring, the Roman entrepreneur - who does not hide his aims at the top of the Trieste group - increases his stake in the…
Caltagirone and Del Vecchio, backed by Benetton and the Crt, aim to prevent Donnet from presenting the list of the next Generali board prepared by the outgoing board and to avoid the presentation of the new industrial plan, because they intend to neutralize…
Great leap of Piazza Affari towed by Stellantis, Pirelli and Leonardo - Only the Spanish Stock Exchange has done better -After the Caltagirone move, the Stock Exchange promotes both Mediobanca, Generali and Unicredit - Strong rise of the Monte dei…
With the strengthening of Caltagirone, which follows that of Del Vecchio, the circle is tightening around Piazzetta Cuccia with an eye to Generali, which the two Italian entrepreneurs look forward to with a view to renewing the board…
Generali beats the market on the Stock Exchange and, with a 19,8% rise, is the best insurance company in the Old Continent in 2021 - Only Cattolica (+55,36%) did better in Italy, benefiting from the effect of the public takeover bid right from the Lion of…
Tensions continue at the top of Generali, which today will approve the accounts for the first quarter of 2021 - Caltagirone is asking for new governance to reduce the powers of the CEO in view of the renewal of offices next spring
In view of tomorrow's Generali meeting, Caltagirone, the company's second shareholder after Mediobanca, does not deposit its shares: it is an act of war against Donnet, with an eye to next year's renewal - Wall Street awaits Apple's accounts And…
Change at the top for Acea and Atac after the designation of Donnarumma at the helm of Terna and that of Simioni at the head of Enav - The candidacies on the track and the choices of the Giunta Raggi
For the first time in many years, Generali presents itself at its annual meeting with the market leadership among European insurance stocks ahead of Allianz and Axa - Donnet, whose mandate expires next year, reiterated…
The offer raised only 0,286% of the shares: the publishing group remains listed on Piazza Affari
The takeover bid is conditional on the achievement of 90% and to date just over 0,24% of the share capital covered by the offer has been delivered - The takeover bid at 1,22 euros values the company at 152 million but today the share trades at 1,255 EUR.
Faced with the flop of the first offer, Caltagirone was forced by the funds to raise the price of the takeover bid to aim for the delisting.
The markets fear, but not that much, the winds of war - Leonardo's exploits - Italy-France: Fincantieri flies, Telecom slips - Flop of the Caltagirone Editore tender offer - New slap to Volkswagen - Wedding in the skies for Air France
The share of the Roman publishing group continues to fly in Piazza Affari, gaining more than 12%. The rumors about the willingness of investment funds to block the delisting therefore seem to be confirmed. The price rises to 1,5 euros. For…
The operation took place on 16 June for a total of 20,25 million. The entrepreneur remains the company's second largest shareholder behind Mediobanca. Here are the details.
Double-digit increases for both stocks which are starting to close with the best performances recorded today on the Milan Stock Exchange - +21,6% for Caltagirone editore after the announcement of the takeover bid aimed at the delisting - +17,6% for Pininfarina in the day…
Francesco Gaetano Caltagirone exceeds Generali's 3,5% share. From Borsa Italiana's internal dealing communications it emerges that the Roman entrepreneur, through Fincal, has purchased one million shares of the company in two separate transactions. The first block of 500 thousand…
The purchase of 10,8% of Acea from the group headed by Francesco Gaetano Caltagirone will take place through a reserved capital increase of the French group.
The operation was carried out on 7 July - The Roman entrepreneur exercised all rights including put, call and warrant options at a price of 11,5 euros on 500 thousand shares for a counter value of approximately 5,7 million…
After the purchases made between 18 and 23 March, the building entrepreneur Francesco Gaetano Caltagirone buys 1 million Generali shares at a price between 13,01 and 13,13 euros.
Between 18 and 23 March, the Roman entrepreneur and vice president of the Trieste-based company allegedly bought 3 million Generali shares, bringing his stake to 2,83% for a total value of 40,2 million euros.
The vice-president of the company, as well as being a shareholder with approximately 2%, bought one million "American style" put options on Generali shares at the unit price of 1,2665 euro, with a total investment of 1,266 million.
On 21 August, the Roman building entrepreneur sold shares in the Trieste group for a total value of 8 million euros - Caltagirone owns 2% of Generali's capital.
According to the president of the company Francesco Caltagirone jr, in recent months the decline in cement consumption in Italy has stopped, even if it will take time to return to pre-crisis levels - Problems related to terrorism in Egypt.
News among the partners for the construction of the troubled Tyrrhenian highway. Vianco of Caltagirone is ready to withdraw, bringing Autostrade per l'Italia back to being the majority shareholder, acquiring the 25% stake in the Vianco - Ben Group…
Among the assets seized by the Gdf from the Roman entrepreneur also a private plane, a villa in Capri and a maxi yacht - The investigations have reconstructed a galaxy of companies based abroad to which assets for exclusive use were registered...
Handcuffs also for his collaborator Emanuele Giovagnoli - The accusations are of fraud in public supplies, embezzlement and, only for Caltagirone, fraudulent transfer of money.
Last July, the Roman builder, vice-president of Leone, sold 750 shares for over 7,1 million euros - At the last meeting, his stake in the group was 2,267%.
The success of the Btp and Ctz auction gives strength to the banks that are dragging the lists up: Mps, Bpm and Ubi on the shields and Piazza Affari gains 1,7% - An agreement on Greece is closer but Portugal worries...
The group achieves good results in the cement and large-scale construction sectors, while the publishing sector is unable to emerge from the crisis - In the rest of 2011, "possibly better overall results" than those obtained in the first part of the year.
by Elena Bonanni - Piazza Affari benefits from the positive data on the US manufacturing industry, from easing on the Greek front, but also from the disappearance of the tax on trading profits from the maneuver - Jump of 7,92% for Bpm, 6,12% for Montepaschi…
