Caltagirone has raised his stake in Generali to 8%, MF daily says
Published by Global Banking & Finance Review®
Posted on March 4, 2025
1 min readLast updated: January 25, 2026
Published by Global Banking & Finance Review®
Posted on March 4, 2025
1 min readLast updated: January 25, 2026
Francesco Caltagirone has increased his stake in Generali to 8% using contracts with Banca Finnat, financed by Deutsche Bank, totaling 500 million euros.
ROME (Reuters) - Italian businessman Francesco Gaetano Caltagirone has recently raised his stake in insurer Generali to 8%, MF newspaper reported on Tuesday, citing financial sources.
A spokesperson for Caltagirone had no immediate comment.
According to MF, the businessman strengthened his position in Generali via put and call contracts underwritten with Banca Finnat and financed by Deutsche Bank.
Caltagirone overall spent about 500 million euros ($524.20 million) for the investment, plus 15 million euros in commissions and taxes, MF said.
($1 = 0.9538 euros)
(Reporting by Alvise Armellini, Editing by Francesca Piscioneri and Stefano Bernabei)
The article discusses Francesco Caltagirone increasing his stake in Generali to 8% through financial contracts.
He used put and call contracts underwritten with Banca Finnat, financed by Deutsche Bank.
Caltagirone invested approximately 500 million euros.
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