The Ministry of Economy Responds to UniCredit: on the Climbing to Banco Bpm the "Golden Power" Is Legitimate.
4 Articles
4 Articles
The Ministry writes to the Orcel Institute confirming the possibility of concrete implementation of the prescriptions. But the bank can motivate its difficulties
The letter of the government: the institute may, however, comprove the circumstances that do not allow, in the concrete case, the fulfilment of the individual prescriptions of the institution. Messina (Intent): "Just the intervention of the government on the strategic sectors"
In a letter sent to UniCredit, the Italian Ministry of Finance stressed the "full legitimacy" and the possibility of concrete application of the provisions established in the framework of the acquisition bid launched by the entity led by Andrea Orcel on Banco BPM.
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