Intesa Sanpaolo Shareholders Approve Capital Increase for MPS Offer with 97% Support
37 Articles
37 Articles
On Thursday, the Intesa shareholders lowered the capital increase for the proposed acquisition of Monte dei Paschi, but the traditional bank has a defense strategy.
I thank our shareholders for the strong support expressed today in favor of our proposal. The approval of the capital increase represents a fundamental step in order to realize the operation announced last June towards the Monte dei Paschi di Siena and build an even stronger Group, for the benefit of shareholders, customers, families, territories and Italy as a whole. Intesa Sanpaolo faces this operation from a position of great strength. We are…
The Toronto Star
Intesa Sanpaolo shareholders approve capital increase for MPS offer with 97% support
Present to the vote 63.9% of the total capital, that gives the green light to issue 5,7 billion new shares
It has participated 63.9% of the share capital. The new securities will be exchanged with the members of Monte Paschi who will want to join the offer of exchange and purchase from 30.6 billion
At the meeting, in remote mode, was present almost 64% of the ordinary capital. Up to 5.7 billion shares will be issued, offered in exchange to the partners...
Coverage Details
Bias Distribution
- 50% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
