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Banken: Italien behält im Übernahmekampf Staatsanteil an Monte dei Paschi

Italien stoppt vorerst den Verkauf seines Anteils an der Banca Monte dei Paschi di Siena. Die Regierung will den Übernahmekampf um die Traditionsbank nicht beeinflussen und hält 4,8 Prozent.

Banken: Italien behält im Übernahmekampf Staatsanteil an Monte dei Paschi

Italy maintains control over its stake in Monte dei Paschi di Siena (MPS) in a takeover battle. Currently, the government holds a 4.8 percent share, which has been frozen until the struggle for control over the bank concludes, according to Economy Minister Giancarlo Giorgetti, who discussed the matter with regional politicians in Rome on Tuesday.

The presidency of Siena Province, Agnese Carletti, and a person from the Italian Ministry of Finance confirmed this information to Reuters. Initially, the ministry planned to quickly place the shares on the market, but stopped this process to prevent influence on the takeover battle. MPS submitted a double offer of approximately 34 billion euros for the northern Italian Banco BPM and the asset manager Banca Generali on Friday.

This move aims to prevent a hostile takeover by market leader Intesa Sanpaolo, which seeks to absorb and split MPS for 36 billion euros. Meanwhile, Banco BPM, held by French Credit Agricole, labeled MPS's takeover offer on Tuesday as "uninvited." This stance aligns with Banca Generali's remarks from last week.

Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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