In a bold move to safeguard its independence, Mediobanca S.p.A. $MB.MI announced a €6.3 billion ($7.15 billion) offer to acquire Banca Generali S.p.A. $BGN.MI. The strategic proposal, financed through Mediobanca’s stake in insurance giant Assicurazioni Generali $G.MI, marks a significant escalation in Italy’s increasingly turbulent banking sector.