The administrators of BANCA COMMERCIALE ITALIANO (COMIT), which recently merged with BANCA INVESTA (see EI of 30 December 1999) have approved an industrial plan providing for the sale of the 8.9% stake that COMIT holds in MEDIOBANCA. This share, valued at 460 million euro, could be sold off gradually to many different players. As counterpart, MEDIOBANCA will leave the pact with the shareholders of BANCA INVESTA. Once the ties have been broken, COMIT will become INTESA's business division,...