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BMPS — Banca Monte dei Paschi di Siena SpA News Story

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Brief: Corrected - Unipol sees negative impact of Italian budget law on company of €40-50 mln in 2027

BRIEF-Corrected - Unipol sees negative impact of Italian budget law on company of €40-50 mln in 2027

Unipol corrects its previous estimate of budget law impact

- Unipol CEO UNPI.MI, Matteo Laterza tells analyst in a post-results conference call:

  • UNIPOL CEO: NEGATIVE IMPACT OF BUDGET LAW EXPECTED TO BE €40-50 MILLION IN 2027 (NOT 80-90 MILLION)

  • BUDGET LAW IMPACT EXPECTED AT €40-50 MILLION ALSO IN 2026 AND 2028, FOR A TOTAL OF APPROXIMATELY 140 MILLION OVER THE THREE-YEAR PERIOD

  • UNIPOL CEO: TRANSACTION TO INTEGRATE MPS BRANCHES WITH BPER EXPECTED TO BE EXECUTED IN 2028

  • UNIPOL CEO: DISCUSSIONS WITH BPER HAVE NOT YET STARTED, EXPECTS TO DISCUSS VALUATION MAINLY STARTING FROM NEXT YEAR

Source text: [ID:]

Further company coverage: UNPI.MI


((andrea.mandala@thomsonreuters.com; +390266129436;))

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