• Mon. Nov 29th, 2021

Mps, the negotiations between Unicredit and the government are about to stop

Byeditorial

Oct 23, 2021

The government and Unicredit would prepare to cancel the negotiations on MPS, after efforts to reach an agreement have failed. More than on the recapitalization chapter, the difficulty would be linked to compliance with the conditions agreed between the parties last July. “The conditions set in July would not be met, so there is a risk that the operation could be skipped,” a source told Adnkronos. “The due diligence itself has brought up complex issues and therefore both parties are finding it difficult to find a solution that meets the preconditions,” he explains. In the press release dated 29 July, UniCredit and the Mef, as the majority shareholder of Banca Monte dei Paschi di Siena, had set the conditions for the potential transaction. Among the main assumptions agreed with the Mef to verify the feasibility of the operation at the equity and economic level, there is “the neutrality of the same with respect to the capital position of the group on a pro forma basis”. And again: “a significant increase in the ” earnings per share after having considered the possible net synergies of the transaction and in any case the maintenance of current levels of earnings per share even before taking into account the possible synergies at 2023; the exclusion of extraordinary disputes not relating to the ordinary banking management and all related legal risks, current or potential; the exclusion of impaired loans and adequate coverage of any further credit risks that are also identified following due diligence through methods to be defined; the agreement on personnel management according to the compendium inherent to the exercise of commercial activities “. If there really should be a stop at no negotiating on MPS for the government it would be more difficult to respect the commitments made with the EU to reprivatize the bank by April 2022.Unicredit, consulted by Adnkronos, does not expose itself further on the press rumors according to which the government and the group banking would prepare to cancel the negotiations on MPS, but is limited to a “no comment”. According to the agency’s findings, more than on the recapitalization chapter, the difficulty of the operation would be linked to compliance with the conditions agreed between the parties last July.

One thought on “Mps, the negotiations between Unicredit and the government are about to stop”
  1. editorial says:

    Download Ala Jaza – Solo Bohemios Album Mp3 Zip
    Download Relax α Wave – Heal Yourself and Count to Five Album Mp3 Zip
    Download Verschillende artiesten – Pirates Choice 2 Album Mp3 Zip
    Download Deep study – Quarantine Piano Album Mp3 Zip
    Download Black raspberries – Heaven Is Female Album Mp3 Zip
    Download chzz! – room Album Mp3 Zip
    Download Nico Parga – Ancestral Life, Vol. 1 Album Mp3 Zip
    Download Dewindersingh Sewnath – The Lion of Bhaitak Gana – Chapter 17 Album Mp3 Zip
    Download JP Hoe – Brighten Up the Night Album Mp3 Zip
    Download Nicole Öttl – Zeit zu gehn Album Mp3 Zip
    Download Stream of Praise – 為愛而生 (《天堂敬拜 Live》第三季 Ep02) – EP Album Mp3 Zip
    Download J57 – The Analog Tape 3.4 Album Mp3 Zip
    Download Avaruusasema – Alkusoitto Album Mp3 Zip
    Download DBN Gogo – Boiler Room: DBN gogo at System Restart, Johannesburg, Nov 14, 2020 (DJ Mix) Album Mp3 Zip
    Download Maple Stream – Moments End Album Mp3 Zip
    Download Monsta & NGA – Massacre D’Novembro Album Mp3 Zip
    Download Downfall of Mankind – The Path of Human Existence – EP Album Mp3 Zip
    Download Michał Łapaj – Sessions – EP Album Mp3 Zip
    Download Anne Siri Langelandsvik – Rest&Restore Med Anne Siri Album Mp3 Zip
    Download Golpe bajo – Sucker Punch Sessions – EP Album Mp3 Zip
    Download Mártys – Existência – EP Album Mp3 Zip
    Download Sedun Kakeyi – Mey Lengine Album Mp3 Zip
    Download Jess Parker – Death Songs & Kitchen Spirituals Album Mp3 Zip
    Download Netrodex – Sunrises at Midnight – EP Album Mp3 Zip
    Download Smooth Coffee Jazz – Coffee and Jazz Hits Album Mp3 Zip

Comments are closed.