Finance
No decision on stake sale in Unicredit, Delfin source says
No decision on stake sale in Unicredit, Delfin source says
Published by Global Banking and Finance Review
Posted on February 11, 2025
MILAN (Reuters) - The Del Vecchio family's holding, Delfin, has not yet made a decision on a possible sale of its 2.7% stake in UniCredit and has "full confidence" in the leadership of the Italian bank's CEO Andrea Orcel, a Delfin source said on Tuesday.
The news was first reported by Italian news agency Ansa.
Earlier on Tuesday Italy's Corriere della Sera reported that the holding was exploring a sale for its stake in UniCredit, which reported better than expected 2024 earnings on Tuesday.
(Reporting by Valentina Za, Elisa Anzolin, editing by Cristina Carlevaro)
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