Banco Bpm non parteciperà all'assemblea di Mps

Banco Bpm's board has decided not to attend the Mps assembly on October 29 due to legal constraints and conflict of interest. The decision was unanimous, as Banco Bpm holds a 3.7% stake in Mps. The assembly will vote on a plan by CEO Luigi Lovaglio aimed at countering Intesa Sanpaolo's takeover bid, which is likely to be rejected by many Mps shareholders.