Italian entrepreneur Francesco Gaetano Caltagirone exits Generali shareholders pact

Caltagirone SpA

28/01/2022 17:42

MILAN, Jan 28 (Reuters) - Italian entrepreneur Francesco
Gaetano Caltagirone exited on Thursday a shareholders' pact with
tycoon Leonardo Del Vecchio and banking foundation CRT over
insurer Generali  GASI.MI , a letter seen by Reuters showed.
    The members of the consultation pact controlled a combined
stake of over 16% in Italy's top insurer, where merchant bank
Mediobanca  MDBI.MI  holds around 17% of voting rights.
    Construction and newspaper magnate Caltagirone decided to
exit the pact as the group had not committed to submit a shared
slate of candidates for the renewal of the insurer's board.
    

 (Reporting by Claudia Cristoferi, Gianluca Semeraro and Stefano
Bernabei, written by Giulio Piovaccari)
 ((giulio.piovaccari@thomsonreuters.com))