MPS shareholders set to sink CEO's defence plan against ...
24 Articles
24 Articles
Monte dei Paschi di Siena (MPS) shareholders rejected Chief Executive Luigi Lovaglio's €33 billion takeover bid by Italy's largest bank, Intesa Sanpaolo, at a general meeting on Thursday. The decision clears the way for the takeover of the world's oldest financial institution, frees shareholders up to €800 million in cash and finally thwarts Lovaglio's bid to build a rival banking group through acquisitions.
Whistles in the classroom of small shareholders after the great members of Monte dei Paschi di Siena did not want to leave room for rethinking and satisfy Intesa Sanpaolo even in what had been only a wish and not a lapidary condition. And so the proposal of fusion between Mps and Mediobanca, that at [...] The article Strada esplanata a Siena per la calata di Intesa Sanpaolo su Mps: the assembly also rejects the last piece of the plan Lovaglio co…
The assembly rejects the merger with Piazzetta Cuccia: i no to 63,65%. The ad: "In 4 years kept the promises and marked also by corner football"
The Foundation will vote on the Ops of Lovaglio, but the strong shareholders deployed for the "no"
Only the president of the Foundation is in favour of Intesa Sanpaolo but ends in minority
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