23H
The Italian government wants to see $BMPS merge with $BAMI so they can further reduce their stake in Monte dei Paschi. As of now I see this bank as a great turnaround candidate but I hope they don’t buy out Banco BPM until they fully integrated $MB because otherwise this could end in a disaster once again 🙈
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This I believe is a valid concern and when I investigated I also saw less of a match between Mediobanca and Banca Montei dei Paschi. And a better fit with Banco BPM.
My idea is to be on Acquired side so at point of integration, I have already cashed out.
Banco BPM is actually a good potential in my view because also in the background Credit Agricole has build up a large share. so a move of some sort seems imminent.
My idea is to be on Acquired side so at point of integration, I have already cashed out.
Banco BPM is actually a good potential in my view because also in the background Credit Agricole has build up a large share. so a move of some sort seems imminent.
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