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EL - EssilorLuxottica SA News Story

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Last Trade - 4:37pm

Sector
Consumer Cyclicals
Size
Large Cap
Market Cap £51.83bn
Enterprise Value £54.87bn
Revenue £12.39bn
Position in Universe 18th / 849

BRIEF-Mediobanca CEO says board will work on improving by-laws in coming months

Thu 6th February, 2020 12:40pm
Feb 6 (Reuters) - Mediobanca Banca di Credito Finanziario
SpA  MDBI.MI , CEO Alberto Nagel told reporters in a press
biefing:
    * BOARD WILL WORK ON IMPROVING BY-LAWS AND ALIGNING THEM
WITH
MARKET STANDARDS IN COMING MONTHS
    * SHAREHOLDER MEDIOLANUM CONCERNS ON GOVERNANCE REGARDING
POSSIBLE
INCREASE IN STAKE BY INVESTOR DEL VECCHIO ARE SHARED BY A LARGE
PART OF INSTITUTIONAL INVESTORS
    * BOARD WILL PRESENT A SLATE OF CANDIDATES FOR ITS RENEWAL,
WHICH
IS "STILL MORE INDEPENDENT AND CAPABLE OF RUNNING BUSINESS"

Further company coverage:  MDBI.MI 

 ((Claudia.Cristoferi@thomsonreuters.com; +39 3480848422;))
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