Delfin rules out selling Monte dei Paschi stake while backing CEO Luigi Lovaglio
On January 16, 2026, Delfin ruled out selling its 17.5% stake in Monte dei Paschi while backing CEO Luigi Lovaglio. This ends recent market takeover rumors.
Insights:
Delfin, the primary shareholder in Banca Monte dei Paschi di Siena , announced on January 16, 2026, that it is not currently engaged in any negotiations to divest all or part of its stake in the lender. The public statement from the holding company aims to halt widespread market speculation regarding a potential acquisition by UniCredit SpA . The announcement has clarified the position of the firm following intense press reports about a possible consolidation within the banking sector of Italy 
IT.
IT.Delfin currently maintains a 17.5 percent stake in Banca Monte dei Paschi di Siena, making it the dominant investor in the historic institution. The investment firm is owned in equal parts by the eight heirs of the deceased Ray-Ban billionaire Leonardo Del Vecchio leonardo del vecchio. In its public declaration, the firm emphasized its role as a long-term financial investor dedicated to creating value for shareholders and supporting the strengthening path of the financial sector in Italy.
