Monte dei Paschi, Banco BPM working on deal with cash component, Bloomberg News reports
July 27 (Reuters) – Banca Monte dei Paschi di Siena and Banco BPM advisers are exploring a merger that would mix cash and shares as a possible alternative to Intesa Sanpaolo’s offer for Monte Paschi, Bloomberg News reported on Monday. The advisers are working on a structure that would leave shareholders with ownership broadly reflecting the two banks’ current valuations, the report said, citing people familiar with the matter. Banca […]