|Bid||9.70 x 0|
|Ask||9.71 x 0|
|Day's range||9.67 - 9.80|
|52-week range||5.95 - 10.12|
|Beta (5Y monthly)||1.73|
|PE ratio (TTM)||10.66|
|Earnings date||27 Oct 2021|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||18 Nov 2019|
|1y target est||10.05|
Former Italian Prime Minister Silvio Berlusconi's family has sold its 2% stake in Mediobanca, in the latest change affecting the shareholder base of Italy's top investment bank. The Berlusconi family's holding company Fininvest said on Monday that the transaction, from which it pocketed 174 million euros ($211 million), was part of a readjustment of its financial investment portfolio.
Italian eyewear tycoon Leonardo Del Vecchio said in a newspaper interview on Thursday he was ready to support "ambitious" plans for Mediobanca <MDBI.MI>, after raising his stake in Italy's top investment bank to just above 10%. The 85-year-old founder of Luxottica last year shook Italy's financial elites by emerging as the biggest investor in Mediobanca just as a core of historic shareholders unravelled. Interviewed by daily Il Messaggero, Del Vecchio said he intended to remain for a long time the top shareholder in a company he deemed "strategic" for the country together with insurer Generali <GASI.MI>, in which Mediobanca is the leading investor.
Eyewear tycoon Leonardo Del Vecchio has no plans to take control of Mediobanca <MDBI.MI>, he said on Wednesday after raising his stake in Italy's top investment bank to just above 10%. Mediobanca, which in turn is the single biggest investor in insurer Generali <GASI.MI>, had not had a single non-banking shareholder owning more than 10% since it was founded in 1946. A regulatory filing on Wednesday showed Del Vecchio held 10.162% of Mediobanca at Oct. 5, up from 9.89% previously, through his holding company Delfin.