To carry forward the restructuring plan agreed with the European authorities, Monte dei Paschi di Siena is evaluating the possibility of selling real estate assets for around one billion euros. These are above all the branches closed in implementation of the restructuring plan.
According to press reports released today, three funds - Lonestar, Blackstone and Hines - would have investigated the dossier, expressing interest in the complete package or in some tranches.
In any case, the top management of MPS are in no hurry to sell the assets and will continue the negotiation only if offers suitable for the value of the properties arrive.
Meanwhile, in mid-morning, Montepaschi's share on the Stock Exchange dropped 0,83%, to 2,27 euros.
