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Mps, increase to 3 billion before merger with Unicredit


According to Bloomberg, the Treasury is evaluating a capital increase in order to strengthen its capital strength and comply with Unicredit's request to make the acquisition neutral. The entity will depend on due diligence, assets and exchange (ANSA)

The Treasury would be evaluating a capital increase of up to 3 billion euros for Mps in order to strengthen its capital solidity and comply with Unicredit's request to make the acquisition neutral for its capital ratios. Bloomberg writes, according to which the preferred option of the Mef would be that of an increase in option, which would allow the shareholders of Monte who intend to subscribe to the increase not to see themselves diluted.

    The amount of the recapitalization, still under discussion, will depend on the outcome of the due diligence that Unicredit is conducting on Mps, the assets that will be transferred and the exchange that will be established between the two banks' securities. 

Source: ansa

All life articles on 2021-08-19

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