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Failure of negotiations with Rome for a takeover of BMPS by Unicredit

2021-10-24T16:25:19.769Z


The Italian government and Unicredit announced in a joint statement on Sunday the failure of negotiations for the takeover by the second bank ...


The Italian government and Unicredit announced in a joint statement on Sunday the failure of negotiations for the takeover by the country's second largest bank of a stake in Banca Monte dei Paschi di Siena (BMPS).

Discussions were initiated last July, as Rome sought to find a buyer for the 64% stake it holds in BMPS, which benefited from a public bailout in 2017.

Source: lefigaro

All news articles on 2021-10-24

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