Milan, Sept. 18 (LaPresse) – Mediobanca CEO Alberto Nagel, who is expected to announce his resignation today along with the rest of the Board of Directors during the meeting following the success of MPS’s takeover bid for the Milanese bank, has sold one million Mediobanca shares he owned for approximately €21.3 million, taking advantage of the reopening terms of MPS's offer.
This is according to internal dealing disclosures.
Mediobanca General Manager Francesco Saverio Vinci sold 400,000 shares for around €8.5 million, while the current Chairman of the Board, Renato Pagliaro, sold 100,000 shares for about €2.1 million.