MPS investors reject CEO Lovaglio's plan to fend off Intesa's €35bn takeover

Monte dei Paschi shareholders overwhelmingly rejected CEO Luigi Lovaglio's defensive plan to fend off Intesa Sanpaolo's €35bn takeover bid, voting down proposals to launch acquisition offers for Banco BPM (91.1% against) and Banca Generali (90.9% against) at the October 29 assembly.

Detected & updated continuously · Source: Nebula