Finance
Del Vecchio family holding Delfin considers UniCredit sale, Corriere says
Published by Global Banking & Finance Review®
Posted on February 11, 2025
1 min readLast updated: January 26, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on February 11, 2025
1 min readLast updated: January 26, 2026
Delfin, the Del Vecchio family's holding, is exploring selling its 2.7% stake in UniCredit, potentially worth 2 billion euros, according to reports.
ROME (Reuters) -The holding of the Del Vecchio family, Delfin, is exploring the possibility of selling its 2.7% stake in UniCredit, the Corriere della Sera newspaper reported on Tuesday, citing banking sources.
According to the daily, an assessment on the possible operation, which could be carried out via an accelerated book building and would be worth almost 2 billion euros ($2.06 billion), could be made as soon as on Wednesday or Thursday.
Delfin declined to comment.
UniCredit CEO Andrea Orcel, in an interview with CNBC on Tuesday morning, described Delfin as an "excellent" long-term investor in the bank, "through thick and thin."
"I respect their decision. My job is to make it the wrong decision ex post facto if they are indeed considering to sell, because so far they haven't," Orcel said.
($1 = 0.9704 euros)
(Reporting by Alvise Armellini and Elisa Anzolin, editing by Francesca Piscioneri and Aidan Lewis)
The article discusses Delfin's potential sale of its 2.7% stake in UniCredit, valued at nearly 2 billion euros.
Andrea Orcel is the CEO of UniCredit, who commented on Delfin's potential sale of its stake in the bank.
The sale might be conducted via an accelerated book building process.
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