Mps forward on Mediobanca: « The situation on the markets does not impact on the offer »

The scholarship tsunami does not stop the banking Risiko: yesterday both MPS and Unicredit have in fact confirmed that they advance in the OPS that see them involved and also made Europe made its voice heard. « The current turbulence situation will not impact on the exchange of exchange of MPS on Mediobanca, » the Cnbc of the Sienese institute told Class Cnbc Luigi Lovaglio, who aims to close on Piazzetta Cuccia « by July » and reiterates that the price offered is « fair ». The banker admits that « the situation has changed » but « the more we get closer to the operation, the more the concambium rate will be confirmed » (yesterday, Tuesday 8 April, the evaluation gap between the two institutes was about 3% with an offer that is worth 13 billion). « At the current level I think the offer is correct. »

The foundations in the assembly towards the OK

Lovaglio is increasingly determined to the socket of Mediobanca and the storm on the price lists « is confirming that the dimensions count ». Indeed, if Mps and Mediobanca were already a combined entity, they would be « stronger » and « would have the ability to react much more quickly ». The ECB does not see wedding problems and yesterday gave the ok to consider the new titles of the capital increase in the service of the OS as the capital that determines the CET 1: On April 17, the Assembly of the Mount will express itself in this regard and in addition to the members Caltagirone, Delfin, Banco Bpm, Soul and Crates, also the shareholders’ foundations – Compagnia di San Paolo, Cariplo, Siena and Carifirenze – would be oriented to vote in favor. Banking bodies had been called by the MEF to participate in the recapitalization of Siena in 2022.

Brussels on the Golden Power

Unicredit also shows no sign of relegating from the 10.1 billion OPS on Banco BPM. Also yesterday the Ad Andrea Orcel, in an interview a The arena Di Verona reiterated: « We are committed to performing it only if in line with the financial parameters already communicated ». No comment instead on a possible prize. « In light of recent developments and the result of the offer on Soul we will still evaluate with due attention and – after including the extent of the negative impact on capital and on the distribution capacity of Banco Bpm pre and post any mitigation measures and any other relevant circumstance – we will decide whether to continue or not in the operation, in line with the terms of our offer ». TOIn this game, Europe took a position, after at the end of March he had rejected – through ECB and Eba – the use of the Danish Compromised by Piazza Meda for the Opa on the SGR. «The Commission has requested the Italian authorities more information on the possible application of the so -called Golden Power legislation. This concerns bank acquisitions that could take place in Italy. This procedure is called EU Pilot. We of the Commission apply the EU Pilot dialogue every time we consider it useful to have an informal discussion in a more structured way with the Member States on the EU compliance potential, « said a Brussels spokesman. The government has in fact stretched the investigation for Unicredit.