Italy Didn’t Influence Paschi’s Bid on Mediobanca, Minister Says

Italy didn’t exert undue influence over the Banca Monte dei Paschi di Siena SpA takeover of smaller rival Mediobanca SpA, Finance Minister Giancarlo Giorgetti said.

By Sonia Sirletti, Alessandra Migliaccio, Antonio Vanuzzo · Bloomberg Markets

Italy didn’t exert undue influence over the Banca Monte dei Paschi di Siena SpA takeover of smaller rival Mediobanca SpA, Finance Minister Giancarlo Giorgetti said.