Europe · Wires & real time · Reuters Breakingviews

Italy’s deal magician hits limit of M&A escapology

Published by Reuters Breakingviews · United Kingdom 10 h ago

Investors in €33 bln Monte dei Paschi killed CEO Luigi Lovaglio’s plan to buy two peers. Backing him ⁠would have offered an alternative to Intesa’s hostile offer, and created…

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