MPS to hold an extraordinary board meeting tomorrow following Intesa’s moves
It remains to be seen whether Lovaglio will put forward any counter-measures in an attempt to resist Ca’ de Sass’s move
An extraordinary board meeting of MPS has been called for tomorrow afternoon. This is according to information obtained by ANSA from financial sources. On the agenda will be the new situation arising from the revision of Intesa Sanpaolo’s public takeover bid and the emergence of a group of shareholders, representing more than a third of MPS’s share capital, who have expressed their intention to reject the alternative plan drawn up by MPS’s CEO, Luigi Lovaglio, involving the dual takeover bid for Banco BPM and Banca Generali and the 4 billion extraordinary dividend. It remains to be seen whether, in addition to the board’s assessments regarding the relaunch of Intesa, Lovaglio will present countermeasures to try to resist Ca’ de Sass’s move.
