MILAN (Reuters) – Giuseppe Recchi, the frontrunner to become chairman of Telecom Italia, said Italy’s largest telecoms group by market value must act as a true public company and as chairman he would represent all shareholders equally.
In his first interview since he became a candidate for the post, Recchi, who will leave his job as chairman of oil major Eni if elected by Telecom Italia shareholders on April 16, said he would ensure good corporate governance practices.
Russia’s #Rosneft to take 50 pct stake in #Pirelli’s holding. #Italy
MILAN, March 13 (Reuters) – Italian insurer Generali
plans to more than double its dividend, showing its
confidence in a turnaround drive that helped it to deliver the
highest annual net profit in six years, even as its home market
struggles to emerge from recession.
Under the leadership of CEO Mario Greco, Europe’s
third-biggest insurer has been shedding non-core assets to boost
its capital base and focus on its most profitable business