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Italy picks UBS, Jefferies, Clifford Chance for MPS privatisation

Italy's Treasury said on Friday it had picked UBS , Jefferies and Clifford Chance as financial and legal advisers for the privatisation of bailed-out bank Monte dei Paschi di Siena (MPS). Commitments agreed with European Union competition authorities at the time of MPS's 5.4-billion-euro ($5.72 billion) bailout in 2017 bind Rome to eventually selling its 64% stake in the bank. After a failed attempt to sell the Tuscan lender to larger peer UniCredit in 2021, Italy agreed to Brussels&...
Bruxelles Capitale Gavin Jones Giancarlo Giorgetti Giuseppe Fonte Richard Chang Giorgia Meloni
Source: yahoo.com

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