Banca Mediolanum sees no impact from Mediobanca bid for Banca Generali

MILAN, June 10 (Reuters) - Italian asset manager Banca Mediolanum (BMED.MI), opens new tab sees no impact on its business whatever the outcome of merchant bank Mediobanca's (MDBI.MI), opens new tab bid for private bank Banca Generali (BGN.MI), opens new tab, its CEO Massimo Doris said on Tuesday.
"Whether they merge or not does not affect Banca Mediolanum either way. We operate in a sector that is performing very well," Doris told Sky TG24.
Mediobanca in April proposed buying Banca Generali from insurer Generali (GASI.MI), opens new tab as it seeks to stave off a buyout bid from Monte dei Paschi di Siena (MPS) (BMPS.MI), opens new tab.

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