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Mps, increase to 3 billion before merger with Unicredit

2021-08-19T12:59:07.304Z


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. (HANDLE)


(ANSA) - MILAN, AUGUST 19 - The Treasury is considering 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 ratio. Bloomberg writes, according to which the Mef's preferred option would be an option increase, which would allow Monte's shareholders 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, on the assets that will be transferred and on the exchange that will be established between the two banks. (HANDLE).


Source: ansa

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