(ANSA) - MILAN, JANUARY 28 - Mps has approved the capital plan to be submitted to the ECB. The plan, reads a note, "was prepared with the aim of finding a potential structural solution for the Bank, including an M&A operation with a partner of primary standing".
In the event that MPS fails to achieve "a structural solution", including a merger, "in a short / medium term", the capital plan approved by the bank "provides for a capital strengthening of 2.5 billion euros which, if implemented , is expected to take place at market conditions and with the pro-quota participation of the Italian State ", concludes the press release issued at the end of the bank's Board of Directors.
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