Mediobanca GM says take-up in Monte dei Paschi bid to reach 80%, lead to merger

[Reuters Global Investor]

The general manager of Mediobanca said the take-up in Monte dei Paschi di Siena's bid for the merchant bank would reach 80%, making a merger of the two groups inevitable, as he sought to reassure staff on a conference call.

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Mediobanca GM says take-up in Monte dei Paschi bid to reach 80%, lead to merger

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