Delfin's decision delay on UniCredit stake sale amidst financial news - Global Banking & Finance Review — The image illustrates the ongoing discussions surrounding Delfin's 2.7% stake in UniCredit, highlighting the family's confidence in CEO Andrea Orcel amid exploring potential sale options. This is crucial for understanding current finance market dynamics.

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Finance

No decision on stake sale in Unicredit, Delfin source says

Published by Global Banking & Finance Review

Posted on February 11, 2025

1 min read

· Last updated: February 11, 2025

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Delfin Delays Decision on UniCredit Stake Sale

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)

Key Takeaways

Delfin has not decided on selling its UniCredit stake.
The holding has confidence in UniCredit's CEO Andrea Orcel.
Italian news agency Ansa first reported the news.
UniCredit reported better than expected 2024 earnings.
Corriere della Sera suggested Delfin was exploring a sale.

Frequently Asked Questions

What is the main topic?

The article discusses Delfin's undecided stance on selling its 2.7% stake in UniCredit and its confidence in CEO Andrea Orcel.

Who is Delfin?

Delfin is the Del Vecchio family's holding company, which owns a 2.7% stake in UniCredit.

What did UniCredit report recently?

UniCredit reported better than expected earnings for 2024.

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