The Del Vecchio family’s holding, Delfin, has not yet made a decision on a possible sale of its 2.7% stake in UniCredit and has “full confidence” in the leadership of the Italian bank’s CEO Andrea Orcel, a Delfin source said on Tuesday.
The news was first reported by Italian news agency Ansa.
Earlier on Tuesday Italy’s Corriere della Sera reported that the holding was exploring a sale for its stake in UniCredit, which reported better than expected 2024 earnings on Tuesday.
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