Banco BPM, Anima Buy Into Banca Monte Dei Paschi as Italian State Cuts Stake
The Italian government cut its shareholding in Banca Monte dei Paschi di Siena by 15%, in a transaction that raised 1.09 billion euros ($1.16 billion) and allowed peers Banco BPM and Anima Holding to buy a stake in the world's oldest bank.
A little over a week ago, Italian Finance Minister Giancarlo Giorgetti approached some of the country’s wealthiest investors ...
Italian Prime Minister Giorgia Meloni moved forward with her plan to use the privatization of Banca Monte dei Paschi di Siena ...
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