Mediobanca to acquire Arma Partners.

Mediobanca, an investment bank, agreed to acquire Arma Partners, an independent financial advisory firm. Financial terms were not disclosed. “Mediobanca has significant experience in partnering with independent financial advisory firms characterized by solid fundamentals, strong management leadership, renowned brands and scalable platforms. The agreement with Arma Partners reflects our ambition to build solid long-term growth leveraging industry trends, core competences and human talent. We are convinced that the unique expertise, complementary business and geographic footprint of Arma Partners is a perfect fit for our common growth strategy and will position Mediobanca Group as a primary advisory house to entrepreneurs, investors, business professionals, CEOs and founders to benefit from the Digital Economy revolution," Alberto Nagel, Mediobanca CEO.