Expand Your Understanding.
Published loading...Updated

Italy’s Monte dei Paschi sale sparks EU scrutiny after global investors sidelined

Summary by Financial Times
UniCredit, Norway’s oil fund and BlackRock were among investors wanting shares in process run by small local bank

7 Articles

All
Left
1
Center
3
Right
Center

Values, timing, memberships and partners at stake: how do the offers that are redesigning the credit map in Italy work?

·Italy
Read Full Article
Lean Left

Siena, which formally points to 66.6% in the Ops that will start between 7 and 14 July on the Stock Exchange, will be able to settle even less than 50%, and leverage 43% of shareholders opposed to Nagel's countermove on Banca Generali

·Turin, Italy
Read Full Article

The European Union will investigate the alleged manipulated sale of the shares held by the Italian State in Banca Monte dei Paschi di Siena (MPS), in which the Ministry of Economy and Finance (MEF) continues to control 11.731 % of the titles.

MADRID, 24 (EUROPA PRESS) The European Union will investigate the alleged manipulated sale of the shares held by the Italian State in Banca Monte dei Paschi di Siena (MPS), in which the Ministry of Economy and Finance (MEF) continues to control in 11.731% of the titles. According to sources consulted by ‘Bloomberg’, the European regulators would be [...] The entry The EU will investigate the alleged manipulated sale of shares of the Italian Stat…

The European Commission is investigating the controversial sale of Monte dei Paschi di Siena shares by the Italian government last year, following claims that large investors were excluded from the bidding process. UniCredit, the Norwegian oil fund and BlackRock were among the investors interested in buying shares when the finance ministry sold a 15 percent stake last November, but they were told that Banca Akros, the small local bank that led t…

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 75% of the sources are Center
75% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Financial Times broke the news in London, United Kingdom on Tuesday, June 24, 2025.
Sources are mostly out of (0)