Mediobanca scales back shareholders' pact

(ANSA) - Milan, October 1 - 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.