(Alliance News) - Delfin and the Caltagirone Group have each acquired a 3.5 percent stake in Banca Monte Paschi di Siena Spa, investing a total of EUR500.0 million, thus consolidating an Italian equity stake in the Siena-based bank, Corriere della Sera explains in Friday's edition.

Delfin makes its debut in MPS, while Caltagirone returns after an absence since 2012. Both have strategic stakes in companies that are pillars of national finance.

Delfin holds stakes of 2.7 percent in Unicredit Spa, 9.9 percent in Assicurazioni Generali Spa, and 19.8 percent in Mediobanca Spa.

The Caltagirone Group has built an articulated network that includes 1.9% of Banco BPM Spa, 3.5% of Anima Holding Spa, 3.5% of Azimut Holding Spa, 0.2% of Poste Italiane Spa, and stakes in Generali and Mediobanca.

Together, the two empires are worth over EUR13.00 billion and ensure substantial dividend flows: about EUR400.0 million annually for Delfin and over EUR200.0 million for Caltagirone, resources useful to consolidate their positions or explore new opportunities, such as the investment in MPS.

With expected profits of more than EUR1.40 billion for MPS and expected dividends of EUR1.00 billion, the two groups could collect about EUR70.0 million.

Their network of holdings places them at the center of major banking and insurance maneuvers, with an influential role even in the upcoming renewal of Generali's board of directors.

Their presence in MPS will be crucial to any future developments.

By Antonio Di Giorgio, Alliance News reporter

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