Italy's MPS Says Intesa Bid Undervalues Bank, Flags Antitrust and ...
11 Articles
11 Articles
The Sienese cda keeps the doors open to the hypothesis with Banco Bpm. Replica: "We are satisfied, our proposal preserves the integrity of the Sienese group"
Price issues, payment methods, excessive optimism about synergies, too much generosity towards Unipol, risks to support the economy of the territory and, above all, unknown on the antitrust aspects of the operation. And so the Board of Directors of Monte dei Paschi di Siena criticizes Intesa Sanpaolo's offer for the Tuscan bank and, in some respects, considers more [...] L'articolo Monte dei Paschi boccia L'offerta di Intesa Sanpaolo: "Rischi an…
The consideration offered by Intesa Sanpaolo for Mps offers a prize that "appears lower than the average level of prize observed in public offers" in the Italian banking sector and the higher value attributed by Intesa to Mps, at the time of the launch of the Of... (ANSA)
The president of the Industrial delegation of Siena Marco Busini confirms our anticipations "We deliberately moved the meeting after the cda of Monte dei Paschi. We will listen" .
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