MPS shareholders’ meeting rejects Montepaschi’s public offer for BPM: 91.1 per cent of capital present voted against

Milan, 29 Oct. (LaPresse) – The extraordinary general meeting of MPS has rejected Montepaschi’s public offer for Banco BPM, proposed in CEO Luigi Lovaglio’s plan as a response to Intesa Sanpaolo’s public takeover bid. Votes in favour of the OPAS on Piazza Meda stood at 6.47 per cent, whilst 91.10 per cent voted against. Abstentions accounted for 2.41 per cent. 65.85 per cent of the share capital was present for the vote.