Monte dei Paschi shareholders reject exchange offer to acquire Banca Generali
Monte dei Paschi shareholders reject exchange offer to acquire Banca Generali SIENA, Oct 29 (Reuters) - Banca Monte dei Paschi's BMPS.MI shareholders on Thursday rejected, with 90.9% of votes, CEO Luigi Lovaglio's proposal for an exchange offer to buy wealth manager Banca Generali BGN.MI.
(Reporting by Valentina Za, writing by Francesca Piscioneri, editing by Alvise Armellini)
((francesca.piscioneri@thomsonreuters.com; 0680307713;))
Recent news on Mediobanca Banca Di Credito Finanziario SpA
See all newsItaly - Factors to watch on November 5
Intesa to launch buyout offer for Mediobanca as soon as MPS bid settled
Timeline: World's oldest bank fights for its future as Italian rival nears takeover
Timeline: World's oldest bank fights for its future as Italian rival nears takeover
Brief: Monte Paschi CEO says priority remains maximising value for shareholders