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Generali, Del Vecchio-Caltagirone syndicate pact

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Delfin, Leonardo Del Vecchio’s Luxembourg holding company, and a series of companies in the Caltagirone group, controlled by the entrepreneur Francesco Gaetano Caltagirone, have entered into a consultation agreement in view of the Generali assembly which, next spring, will be called to approve the budget 2021 and to renew the board of directors. The two entrepreneurs bound to the agreement “all of the Generali shares held, equal to 10.948% of the share capital of Leone”. It can be read in a paid notice published in Il Messaggero.

“The most profitable and effective management that Francesco Gaetano Caltagirone and Leonardo Del Vecchio intend to promote to Generali, through the consultation pact just signed”, we read, “will be based on the technological modernization of the core business, the strategic positioning of the company, as well as its growth in an open, transparent and contestable market logic ».

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