Italy to sell further Monte Paschi stake this year, minister says
Adds remarks from separate Treasury official in paragraphs 7-8, details and background throughout
ROME, Oct 3 (Reuters) -Italy plans to sell a further stake in bailed-out bank Monte dei Paschi di Siena BMPS.MI by the end of this year, Economy Minister Giancarlo Giorgetti said on Thursday.
In a recorded interview for an event organised by Bloomberg, Giorgetti reiterated that he would like MPS to be part of banking consolidation in Italy.
"We expect by the end of the year to place another tranche with investors," he said.
"The idea however is still to create an industrial project in the medium term. Monte Paschi can and must play a role in shaping what the Italian banking sector becomes in the future."
After rescuing MPS in 2017 and taking an initial 68% stake, Italy has cut its shareholding in recent months to just below 27% through two successive market placements, pocketing around 1.6 billion euros ($1.76 billion).
Sources close to the privatisation process have previously said the Treasury needs to cede control of MPS and eventually put the lender back into private hands by the end of this year to meet re-privatisation terms agreed with the European Union.
Marcello Sala, in charge of managing policies regarding state-controlled firms at the economy ministry, said at the same event that MPS could contribute to the emergence of a third banking hub in the country after Intesa Sanpaolo ISP.MI and UniCredit CRDI.MI, the country's top banks.
His remarks raise the prospect of a potential deal with Banco BPM BAMI.MI or BPER Banca EMII.MI, Italy's third and fourth largest banks respectively, though both have said in the past they were not interested in MPS.
Insurer Unipol UNPI.MI, which is the leading shareholder in BPER, said last month it could consider becoming an investor in MPS but only as part of an insurance partnership.
Another potential candidate is UniCredit, which walked away from an MPS deal in 2021 and unveiled this month a potential 21% stake in Frankfurt-based Commerzbank, focusing on the German market.
($1 = 0.9065 euros)
Writing by Giuseppe Fonte; editing by Gavin Jones, Paul Simao and Jan Harvey
免責聲明: XM Group提供線上交易平台的登入和執行服務，允許個人查看和/或使用網站所提供的內容，但不進行任何更改或擴展其服務和訪問權限，並受以下條款與條例約束：（i）條款與條例；（ii）風險提示；（iii）完全免責聲明。網站內部所提供的所有資訊，僅限於一般資訊用途。請注意，我們所有的線上交易平台內容並不構成，也不被視為進入金融市場交易的邀約或邀請 。金融市場交易會對您的投資帶來重大風險。
所有缐上交易平台所發佈的資料，僅適用於教育/資訊類用途，不包含也不應被視爲適用於金融、投資稅或交易相關諮詢和建議，或是交易價格紀錄，或是任何金融商品或非應邀途徑的金融相關優惠的交易邀約或邀請。
本網站的所有XM和第三方所提供的内容，包括意見、新聞、研究、分析、價格其他資訊和第三方網站鏈接，皆爲‘按原狀’，並作爲一般市場評論所提供，而非投資建議。請理解和接受，所有被歸類為投資研究範圍的相關内容，並非爲了促進投資研究獨立性，而根據法律要求所編寫，而是被視爲符合營銷傳播相關法律與法規所編寫的内容。請確保您已詳讀並完全理解我們的非獨立投資研究提示和風險提示資訊，相關詳情請點擊 這裡查看。
