EconomyItaly to handle Monte Paschi stake without interfering with M&A moves
Italy will manage its remaining 4.9% holding in Monte dei Paschi di Siena without disrupting merger and acquisition activity involving the bailed-out lender, Economy Minister Giancarlo Giorgetti said on Wednesday. The government’s approach is intended to keep its stake disposal separate from corporate moves affecting the bank. Giorgetti gave the assurance while speaking to reporters. He did not specify how the residual holding would be handled.
Italy to handle Monte Paschi stake without interfering with M&A moves
