On the sale of a further share of the State of Monte dei Paschi di Sienaon which the Court of Milan had already opened an investigation, The European Commission is also alertedwith the doubt that the sale of public participation were deliberately excluded Some great investors.
The indiscretions of the Financial Tmes
The European Commission, according to what the Financial Timeswould be examining the controversial sale of MPS actions by the Italian Government in November 2024, when he placed a further 15% share of the capital. Procedure from which great investors have been excluded such as Unicredit, Blackrock and the Norwegian Norwegian oil fund Norges.
According to the FT from sources, aware of the matterAkros Bancathe small Banco Banco BPM bank in charge of managing the procedure, would have communicated to these investors that The offer had already been closed. During the auction they would not have been provided to investors indications on the price of the order, a procedure deemed “unusual”, and when Unicredit placed a purchase order for 10% of the shares, Banca Akros would have responded to the follow-up call by communicating that the Book had already been closed.
The actions would then be assigned to four national buyers – Anima, Banco Bpm, Del Vecchio and Caltagirone – united by the government ambition to build a third banking pole. The transaction that took place to a price offered a 5% prize on the market value of MPS actions.
The EU Commission investigates
The EU Commission would be now examining the details of that operation, to check if the process was conducted with one Equa and open market procedure. This preliminary evaluation could lead to the opening of an investigation into state aid, but no decision has yet been made.
In reality, the EU investigation He pairs with the investigations of the Milan prosecutor’s officewhich is investigating the same procedure for the sale of MPS shares, to verify that the Italian State has obtained the best possible conditions for taxpayers and without any favoritism for the contractors who have won the shares.
Banca Akros’s prompt reply
In response Banca Akros has replicated to rumors, specifying that the placement was carried out “correctly and transparently, In compliance with the rules and practices that regulate these operations: all orders were collected, registered and processed in the same way and no correctly forwarded purchase order has been ignored “.
“This applies to all hundreds of institutional investors who have been invited and participated in the ABB, No large investor has been excluded From the offer procedure, as reported in the article, including Unicredit, the Norwegian oil and BlackRock oil fund “
It is specified.
Banca Akros in particular contested the FT article in the part in which he talks about theEntry of an order by Unicredithypothesis that defines “Untelio”.
