In This Article:
(Bloomberg) -- Italian construction tycoon Francesco Gaetano Caltagirone increased his stake in Anima Holding, positioning him for more influence in the wave of dealmaking that’s washing over the country’s financial services industry.
Most Read from Bloomberg
-
A Chicago Skyscraper Cements the Legacy of a Visionary Postmodern Architect
-
Cloud Computing Tax Threatens Chicago’s Silicon Valley Ambitions
-
NYC’s Run-Down Bus Terminal Gets Approval for $10 Billion Revamp
-
Kansas City Looks Back on its Long, Costly Ride With Microtransit
Caltagirone now owns 5.29% in Anima, up from 3.19% previously, according to a regulatory filing published by the Italian stock exchange regulator Consob on Monday.
The increased holding comes as Anima is facing a takeover offer from its largest investor and Italy’s third-largest lender, Banco BPM SpA, which itself may get taken over by the country’s second-biggest bank, UniCredit SpA.
Also Read: Italy’s Banks Are Headed for a Showdown With a Blockbuster Cast
Caltagirone’s expanded stake in Anima would make him the fourth-largest investor in the asset manager.
The Italian businessman disclosed this month that he had raised his stake in Banca Monte dei Paschi di Siena SpA to 5%, after buying a stake in the lender from the state in November. He also has a stake of about 1.5% in Banco BPM, 8% in Mediobanca and 7% in the country’s largest insurer, Generali.
Most Read from Bloomberg Businessweek
©2024 Bloomberg L.P.