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Mps: from banks ok to sale of shares, only the ok from the Treasury is missing

The 11 creditor banks of the Mps Foundation, led by JpMorgan, have given the go-ahead for the sale of the share package held by the Foundation

Mps: from banks ok to sale of shares, only the ok from the Treasury is missing

Mps is up on Piazza Affari by 2,15%, at 0,4333 euros per share, after a high for the day at 0,4392 euros. Yesterday in the evening it was learned that the 11 creditor banks of the Mps Foundation, led by JpMorgan, have given the go-ahead for the sale of the share package held by the Foundation. JpMorgan has in fact made it known that it has all the letters of consent, with the exception of Credit Suisse, which however is not part of the pool. And so now only the green light from the Treasury is missing.

To raise cash and reduce part of the debt by rescheduling the remainder, the Foundation has decided to put 15% of the Bank on the market, decreasing to 34% of the capital: 5-7% will be placed in funds, while the remaining 8% will go to individuals. The good news in Siena is that there is no shortage of interest. Several requests reached Palazzo Sansedoni, according to financial sources. But several private individuals have also been contacted to probe their interest.

Like Carlo De Benedetti's Cir, which however would not be interested, again according to financial sources, in acquiring the shares of Mps. On the table of the Foundation there is also the choice of the future president of the Bank after the exit of Mussari at the April deadline: in pole position is Alessandro Profumo, former CEO of Unicredit, who however prefers not to say too much.

“It's best not to say anything out of respect for the people involved. Things will be discussed when they happen. It would seem rude to me: they are complicated processes ”, he said yesterday on the sidelines of a conference at Bocconi to those who asked if he had given his availability for the presidency.

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