Italy Steps Up Paschi Sale as Market Conditions Favor Divestment

Belgique Nouvelles Nouvelles

Italy Steps Up Paschi Sale as Market Conditions Favor Divestment
Belgique Dernières Nouvelles,Belgique Actualités

Italy is making moves to comply with European Union demands to dispose of Banca Monte dei Paschi di Siena SpA, leveraging off favorable market conditions and the bank’s progress in turning itself around, as lack of interests from rivals makes a merger less likely.

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