
Banco Generali shares jump on Mediobanca’s $7.2 bln acquisition offer
Investing.com-- Italy’s Mediobanca (BIT:MDBI) said on Monday it will submit a 6.3 billion euros ($7.16 billion) all-share offer to acquire Banca Generali (BIT:BGN), a deal that could potentially create a European wealth management giant.Banca Generali is a private bank controlled by the country’s top insurer, Assicurazioni Generali (BIT:GASI).Shares in Banca Generali surged around 8% in ea ...