Unicredit : MPS: UCG has never been so close to a deal…
>Officially in one-to-one talks regarding MPS - Unicredit published yesterday, after the closing bell, a press release stating that it had reached agreement with Italy’s finance ministry (MEF) concerning the prerequisites for a potential transaction involving the commercial operations of MPS ‘modulo’: 1/ a carefully defined parameter and appropriate risk mitigation and 2/ the start of exclusive discussions to assess feasibility.The main prerequisites discussed wi...Unicredit is a pan-European commercial banking group based in Italy. Co. is engaged in the provision of in-branch and online corporate and investment banking services, providing customers with access to banks in 14 core markets as well as to an another 18 countries worldwide. Co.'s operations are organized along six business lines: Commercial Banking Italy; CEE Division; CIB; Commercial Banking Germany; Commercial Banking Austria; and Asset Gathering. Co.'s European banking network includes Italy, Germany, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Romania, Russia, Slovakia, Slovenia, Serbia and Turkey.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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