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Mps pulls straight on the increase, ahead despite the vote

2022-08-20T10:12:09.234Z


Mps aims to close the 2.5 billion euro capital increase by mid-November despite the uncertainties about the Italian government linked to the vote and a macro picture fraught with tensions. (HANDLE)


(ANSA) - MILAN, AUGUST 20 - MPS aims to close the capital increase of 2.5 billion euros by mid-November despite the uncertainties about the Italian government linked to the vote and a macro picture full of tensions.

"Where market conditions allow it," Mps "believes that the capital increase can be completed between the end of October and the beginning of November 2022", is reiterated in the report to the shareholders' meeting which on 15 September will have to approve the recapitalization.

Already at the beginning of September, according to what has been learned, the CEO Luigi Lovagliore will resume meetings with investors to promote private participation in the operation.

(HANDLE).


Source: ansa

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