Report
Credit Morning 12/05/2016
According to the FT, MPS is today due to with its bankers, JPM and Mediobanca, to decide on whether or not to go ahead with its € 5bn recapitalisation plan, as the banks may decide to not to pursue their underwriting commitments because of adverse market conditions arising from yesterday's referendum result.Obrascon agrees to sell stakes in hotels in Mexico for EUR 218m (and at least EUR 158m).>
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