MPS CEO urges investors not to see October 29 vote as a choice between deals

Banca Generali SpA

23/09/2026 16:50

MILAN, Sept 23 (Reuters) - Monte dei Paschi BMPS.MI shareholders should regard a vote called on October 29 on the Italian bank's defence strategy against a takeover bid by Intesa Sanpaolo ISP.MI as a way to preserve optionality, the MPS CEO said.
Addressing investors at a Bank of America conference in London, MPS CEO Luigi Lovaglio said the vote should not be seen as a choice between the Intesa's bid and the alternative deal MPS is proposing.



 (Reporting by Valentina Za, edititing by Cristina carlevaro)
 ((valentina.za@thomsonreuters.com; +39 02 6612 9526;))