Mediobanca and Founders Factory Collaborate to Nurture 35 Startups with €12M Investment
In a strategic move to foster innovation and support the thriving startup ecosystem, leading Italian investment bank Mediobanca has joined forces with Founders Factory, a renowned global startup accelerator, to invest €12 million in nurturing 35 promising startups. The groundbreaking collaboration aims to fuel the growth of innovative ventures across various industries, propelling them to […]
Italy’s FITD fund approves sale of Carige stake to BPER
The fund that owns ailing Italian lender Carige approved the sale of its stake to BPER Banca. This was stated in a deal that will end a seven-year crisis at the regional lender. BPER is Italy’s fifth-largest bank. Over the last month, they entered exclusive talks over Carige with Italy’s FITD depositor protection fund. And, they […]
Mediobanca, top investor Del Vecchio reach truce on bylaws changes
Mediobanca endorsed a request by its top shareholder Leonardo Del Vecchio to ditch a rule reserving up to three board seats to managers of the Italian merchant bank. The decision was welcomed with deep satisfaction. Del Vecchio in turn withdrew a second proposal to amend the company’s bylaws, which had been criticised by Mediobanca’s board. Mediobanca […]