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Bpm, the candidacy of Lamberto Dini for the presidency of the CDG does not like the Stock Exchange

Lamberto Dini candidate for the presidency of the management board of Banca Popolare di Milano in the event of a shareholders' affirmation of a list linked to Raffaele Mincione, the institute's second shareholder: the hypothesis is making headway but at the moment investors don't like it.

Bpm, the candidacy of Lamberto Dini for the presidency of the CDG does not like the Stock Exchange

Lamberto Dini candidate for the presidency of the management board of Banca Popolare di Milano in the event of a shareholders' affirmation of a list linked to Raffaele Mincione, the institute's second shareholder. It is one of the scenarios circulating in circles close to the institute in view of the assembly which will be called upon to renew the top management.

According to what a source told Radiocor, Dini would have gone to the Bank of Italy today – while Mincione will soon go to Consob – to present his intentions on Bpm. The link between Dini and Mincione is proven by the fact that Dini holds the position of chairman of the advisory board of Time&Life, a company of which Mincione is chairman and which owns 7,02% of Bpm.

The indiscretion has not so far been appreciated by the markets: at the opening of the session in Piazza Affari, the Banca Pop Milano share is in free fall by more than -3% €0,4713 per share.

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