Mps, after the takeover the maxi-dividend
Mps CEO Luigi Lovaglio is set to present a new industrial plan on February 27, which will address key questions surrounding the Mps-Mediobanca group.
The CEO of Mps, Luigi Lovaglio, has announced that the critical date for stakeholders is February 27, when he will unveil the new industrial plan for the Mps-Mediobanca group. This presentation is expected to clarify several uncertainties regarding their future, particularly whether Mps will proceed with delisting from the stock exchange. Lovaglio emphasized the goal of achieving maximum synergies through the integration of the two banking entities, carefully choosing his words amid ongoing discussions within the board and among stakeholders.
In recent weeks, negotiations have been intense among the board members and shareholders of the bank, with legal intermediaries facilitating communications between parties. Lovaglio noted that they are close to finalizing the best possible structure to achieve the desired outcomes for the group. His cautious approach during a recent analyst briefing highlighted the strategic importance of this phase for Mps as it navigates through the complexities of its operational and structural changes.
The upcoming presentation on February 27 holds significant implications for the future of Mps and its relationship with Mediobanca, potentially impacting investors and the market's perception of their financial health. As the new industrial plan is expected to outline strategies for maximizing synergies, all eyes will be on Lovaglio's announcements, which may set the stage for Mps’s future positioning in the banking sector.