BoI forces Mediobanca to take back Ferrari stake

Newswire

MILAN, Oct 28 (Reuters) - Italian investment bank Mediobanca has been forced to take back a 6.5 percent stake in sports car maker Ferrari that it sold to Lehman Brothers for 148.2 million euros recently after the deal fell foul of the Bank of Italy. In a report released at a shareholders meeting on Monday, Mediobanca said its total stake in Ferrari once again stood at 21.5 percent after an objection to the Lehman Brothers sale by the Bank of Italy which it did not specify. The central ...

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