Monte dei Paschi jumps after Italy's government 15% stake sale
** Shares in lender Monte dei Paschi di Siena (MPS)BMPS.MI jump 10.9% after the Italian government sold on Wednesday a 15% stake in the Tuscan bank via an ABB at a 5% premium over the last closing price
** Banco BPM BAMI.MI bought a 5% stake in the rival, while asset manager Anima Holding ANIM.MI separately bought a 3% stake in MPS, totalling a 4% stake
** BPM announced last week a buyout offer on Anima to gain full control of the asset manager, which could end up with the Milan-based lender owning a 9% stake in MPS
** According to J.P. Morgan, "MPS will likely become an M&A target, and longer term, BAMI remains one of the potential bidders"
** "The move could delineate an appetite to emerge as the second banking group in Italy," Jefferies says
** "With lower interest rates, opportunities could arise with some banks delivering more resilient NII than others that are less diversified in the revenue mix, and we would not completely rule out a takeover of MPS by BAMI in a year's time," JPM adds
** Including Thursday's rise the Monte dei Paschi stock has gained 100.13% YTD.
** MPS shares are among the top performers on STOXX 600 .STOXX index
** By 0837 GMT Banco BPM is up 4.2 and Anima Holding is flat
Reporting by Romolo Tosiani, Andrea Mandalà
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