April 12, 2017 / 6:50 AM / 4 months ago

BRIEF-Fininvest says Bank of Italy gives it 18 months to sell 20 pct stake in Mediolanum

April 12 (Reuters) - Italy's Fininvest, the holding company of former Italian prime minister Silvio Berlusconi which owns 30 percent of Banca Mediolanum, says:

* Bank of Italy, on April 11, asked it to proceed with the sale of its shares in Banca Mediolanum exceeding 9.99 percent

* Bank of Italy said it must sell the shares within 18 months

* it will appeal the decision Further company coverage: (Reporting by Milan newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below