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Italy won't participate in Monte Paschi AGM on defence against Intesa

Italy won't participate in Monte Paschi AGM on defence against Intesa

- Italy will abstain from a vote at a Monte dei Paschi di Siena (MPS) BMPS.MI shareholder meeting on Oct. 29 called to approve defensive acquisitions to fend off a hostile takeover by Intesa Sanpaolo ISP.MI, Economy Minister Giancarlo Giorgetti said.



(Reporting by Giuseppe Fonte, editing by Gavin Jones)

((giuseppe.fonte@thomsonreuters.com; +390680307711;))

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