Italy's Mediobanca said on
Thursday the shareholder pact that controls it had been scaled
back to 31%, a move that could increase investor appetite for
the influential investment bank.
Candy sold its 0.13% stake and Italmobiliare took is share
down from 1.5% to 1%.
Asked about a possible capital hike for RCS Libri,
Mediobanca CEO Alberto Nagel said: "We don't abandon companies
that are in trouble".
Mediobanca, for years at the crossroads of Italian
capitalism via a complex web of interlocking shareholdings, has
been rethinking corporate governance as it focuses on more
banking and fewer equity holdings.
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