|
|
|
|
|
|
|
|
|
30.09.26 - 11:36
|
Monte Paschi CEO Says Shareholders Will See Value in Twin Offers (Bloomberg)
|
|
|
Banca Monte dei Paschi di Siena Chief Executive Officer Luigi Lovaglio tells Bloomberg Television he is confident shareholders will recognize the value of his twin takeover offers for Banco BPM and Banca Generali. "We are building an Italian champion," Lovaglio says. The CEO needs support from at least two thirds of the votes cast at a shareholder meeting on Oct. 29 to proceed with his plan. Lovaglio speaks to Bloomberg's Francine Lacqua. (Source: Bloomberg)...
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
21.08.26 - 10:48
|
What′s Next Following Monte dei Paschi′s High-Stakes Move? (Bloomberg)
|
|
|
Banca Monte dei Paschi is seeking to buy two separate banks for a combined price of €34 billion ($40 billion) in a defensive move designed to ward off a takeover by rival Intesa Sanpaolo.
The Italian lender said it's launching an all-share bid for Banco BPM valuing it at €25.3 billion and another one for Banca Generali valuing it at €8.7 billion, based on the market close two days ago, according to a statement Friday. Bloomberg's Tommaso Ebhardt reports from Milan. (Source: Bloomberg)...
|
|
|
|
|
|
|
|