Mediobanca gets ECB approval for Banca Generali deal
18/08/2025 21:00
MILAN, Aug 18 (Reuters) - 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. (Reporting by Valentina Za and Devika Nair, editing by Gavin Jones) ((valentina.za@thomsonreuters.com; +39 02 6612 9526;))