BMPS IM | DELFIN MAY SELL ITS 17.5% MONTE PASCHI TO UNICREDIT: ITA PRESS
From: Guido Pardini
According to Italian Press (OdP), Delfin Milleri and Bardin would consider the possibility to sell 17.5% BMPS stake to Unicredit (UCG IM). Rumors on this story have been around in past few days in Milan. On UCG side, such an acquisition would perfectly comply with Orcel strategy, happy to be the main shareholder ahead of Caltagirone 10.3% and Italian Treasury with 4.8% (BAMI not mentioned).
On Delfin side such a sale would comply with the interest of a few Delfin Shareholders unhappy with Delfin involved in financial deals, with Milleri actively working to sort the Inheritance issues. On the other side, Delfin selling would put in evidence no action in concert with Caltagirone (Milan Prosecutors thesis)
Source: IlGiornale, Wednesday 31st Dec