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Mediobanca gets ECB approval for Banca Generali deal

ReutersAug 18, 2025 8:00 PM

- Mediobanca MDBI.MI received European Central Bank approval on Monday to buy private bank Banca Generali BGN.MI and create Italy's second-largest wealth manager, as it seeks to thwart a takeover bid from Monte dei Paschi di Siena BMPS.MI.

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