Italian Government Neutral on Intesa SanPaolo's Bid for MPS

Govt neutral on Intesa SanPaolo's bid for MPS says Giorgetti

(ANSA) - ROME, JUN 18 - Economy Minister Giancarlo Giorgetti said Thursday that the government would remain neutral regarding Intesa Sanpaolo's bid to take over Monte dei Paschi di Siena (MPS), although he did not rule conditions being attached to the operation if it goes through. "We are neutral, but the Golden Power (authority) will make an assessment and, theoretically, it may also be necessary to evaluate whether, under those conditions, there are any requirements needed," Giorgetti told ...

By ANSA