Mps, trust from Fabi for the Unicredit-Mef negotiation. The market is pursuing the hypothesis of an extension of the EU
There negotiation between Monte dei Paschi di Siena, Unicredit and Mef returns to warm up with the hypothesis of a reopening. “I don’t think the situation is definitively closed, I think you try to take your time: the parties will have to meet because in my opinion, who know the story well, they should somehow come together and there are the conditions to be able to somehow reach an agreement between the Ministry of Economy and Unicredit“. On the eve of the interruption of talks with the Treasury for the acquisition of a perimeter of Mps, the general secretary of the Italian Autonomous Banking Federation, Lando Maria Sileoni, opens up the possibility of a renewed conciliation.
“So far there has been an anomalous negotiation: on the one hand a private subject and on the other a public subject, the state, which has politics behind it. Important distances have been created on the evaluation of the perimeter of Mps defined by Unicredit and its CEO, Andrea Orcel, who has looked at all the numbers to the end, has fleased everything. Orcel, who is his best consultant, is not used to the Italian world, where politics has a strong influence on the banking and financial sector as well“, added Sileoni.
And meanwhile also the market pursues the philosophy of “taking time”, after the hypothesis of European Commission of a extension to the Treasury, compared to the current year-end deadline, to permanently exit the Rocca Salimbeni capital. At Piazza Affari Mps holds well: the stock gains 0.86% to 1.05 euros. The title of Piazza Gae Aulenti, near the turning point, he sees a rise 1.2%. Only yesterday the number one of Unicredit, Andrea Orcel, he defined the possible merger with Siena as “an opportunity to strengthen the banking sector of this country, and at the same time guarantee a brilliant future for both Mps customers and employees”. But also to stand out in Piazza Affari Banco Bpm up by 1.52%: the bank led by Giuseppe Castagna, the Siena option filed, could end up in the crosshairs of the institute led by Andrea Orcel.
#Mps #Fabi #conditions #MefUnicredit #agreement