September 10, 2018 / 10:23 AM / 2 months ago

UniCredit minded not to exit Mediobanca pact in Sept - sources

The UniCredit-Banca di Roma bank headquarters is seen in Rome, Italy September 30, 2018. REUTERS/Alessandro Bianchi

MILAN (Reuters) - Italy’s biggest bank UniCredit (CRDI.MI) is minded not to leave the shareholder pact of influential investment bank Mediobanca (MDBI.MI) in September, two sources familiar with the matter said on Monday.

Members of the shareholder pact of Mediobanca, which is the top investor in Italy’s biggest insurer Generali (GASI.MI), have until the end of September to take a decision on whether they wish to exit the pact or not.

Shareholders in the pact hold a combined 28.5 percent stake in Mediobanca.

UniCredit declined to comment.

Reporting by Gianluca Semeraro, writing by Stephen Jewkes; editing by Agnieszka Flak

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