Pre. Settlement | N/A |
Settlement Date | N/A |
Open | 7.12 |
Bid | 6.67 |
Last Price | 7.11 |
Day's Range | 7.12 - 7.12 |
Volume | |
Ask | 6.72 |
(Bloomberg) -- Auto parts supplier Landi Renzo SpA hired Mediobanca SpA as an adviser as it weighs amending its bank debt terms as part of a new business plan, according to people familiar with the matter.Most Read from BloombergNikki Haley Ends 2024 Bid, Setting Up Trump-Biden RematchChemical Linked to Cancer Found in Acne Creams Including Proactiv, ClearasilEgypt’s Devaluation and Record Rate Hike Put IMF Deal in ReachOlivia Rodrigo Is Not Kid-Friendly? Don't Act Surprised.New York to Deploy N
MILAN (Reuters) -Italy's Mediobanca posted a better-than-expected first-half net profit on Friday, as higher interest rates boosted income from lending and a renewed focus on wealth management paid off. The bank, with a financial year running from July to June, is "fully on track" to meet targets set out in the strategy to 2026 it presented in May, Chief Executive Alberto Nagel told a press briefing. "These results are not only improving, they represent the new vision of the group .... Our growth has been solid and very effective in terms of capital generation and absorption," he said.
A group of infrastructure investors around Europe are working on the sale of their stakes in European airports, leveraging on the recovery of travel in the wake of the COVID-19 pandemic, according to bankers, investors and industry sources. Its owner Global Infrastructure Partners (GIP) is working on the sale of its majority stake in a process that may value the airport at over 2.5 billion euros ($2.72 billion), according to two sources close to the situation, who spoke on condition of anonymity because the process is private. AGS Airports, which oversees operations at Aberdeen, Glasgow, and Southampton airports and is owned by Macquarie and Ferrovial, may also follow, according to two people with knowledge of the plans.