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Monte dei Paschi shareholders reject exchange offer to acquire Banco BPM

Monte dei Paschi shareholders reject exchange offer to acquire Banco BPM

- Banca Monte dei Paschi's BMPS.MI shareholders on Thursday rejected, with 91% of votes, CEO Luigi Lovaglio's proposal for an exchange offer to buy rival mid-sized lender Banco BPM BAMI.MI


(Reporting by Valentina Za, writing by Francesca Piscioneri, editing by Alvise Armellini)

((francesca.piscioneri@thomsonreuters.com; 0680307713;))

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