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UniCredit Seeks ‘Right’ Shareholder Mix, CEO Tells Repubblica

Oct. 27 (Bloomberg) -- UniCredit SpA will seek the “right” mix of stable shareholders in different regions in the future, Chief Executive Officer Federico Ghizzoni told la Repubblica in an interview.

Ghizzoni told the daily he doesn’t think the bank’s Libyan shareholders are reconsidering their investment.

UniCredit doesn’t need to raise new capital at this stage, Ghizzoni said, and it’s expecting to pay a dividend in 2010.

The executive said he doesn’t see the need for the bank to make changes to its holdings, including its stake in Mediobanca SpA, according to the newspaper.

To contact the reporter on this story: Armorel Kenna in Milan at akenna@bloomberg.net

To contact the editor responsible for this story: Celeste Perri at cperri@bloomberg.net

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