Banco BPM, Anima Buy Into Banca Monte Dei Paschi as Italian State Cuts Stake
The Italian government cut its shareholding in Banca Monte dei Paschi di Siena by 15%, in a transaction that raised 1.09 billion euros ($1.16 billion) and allowed peers Banco BPM and Anima Holding to buy a stake in the world's oldest bank.
A little over a week ago, Italian Finance Minister Giancarlo Giorgetti approached some of the country’s wealthiest investors ...
Following an overpriced €9 billion acquisition in 2007, the Banca Monte dei Paschi di Siena went through a period of ...
Italy on Wednesday raised 1.1 billion euros ($1.16 billion) by selling 15% of bailed-out bank Monte dei Paschi di Siena , ...
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