M and A
Sal Oppenheim, Pop Vicenza Take Mediobanca Stakes
German private bank Sal Oppenheim and Italy's Banca Popolare di Vicenza are to take 1.7 per cent and 2 per cent stakes respectively in Italian investment bank Mediobanca, as part of a shareholders' pact. Italy's anti-trust agency ordered bank UniCredit to sell 9.39 per cent of Mediobanca as a condition for anti-trust clearance of Unicredit's purchase of smaller peer Capitalia. UniCredit would be left with 8.7 per cent.
