Italy Faces Capital Demand of More Than $8 Billion to Sell Monte Dei Paschi -Reuters
18 Outubro 2021 - 10:18AM
Dow Jones News
--Italy is being called to provide more than 7 billion euros
($8.12 billion) in capital in order to sell off as much as it can
of Banca Monte dei Paschi to UniCredit, Reuters reports, citing
people familiar with the matter.
--A draft accord had been expected in time for the publication
of UniCredit's third-quarter results, but it now looks like more
time may be necessary, one person tells Reuters.
--UniCredit has agreed to negotiate about selected parts of
Monte dei Paschi on the condition that it would only pursue a deal
that had no impact on its capital position.
Full story: https://reut.rs/3AP2HtD
Write to Cristina Roca at cristina.roca@wsj.com
(END) Dow Jones Newswires
October 18, 2021 09:03 ET (13:03 GMT)
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