Monte dei Paschi reports 65.86% of capital present at meeting on rival bids
MPS chairman Cesare Bisoni said 65.86% of capital is represented at the meeting on two bids, while Caltagirone holds a 12.66% stake.
- published on Newsmetry
- original source published
the same feed is available to bots and dashboards through the api. connect the api →
what happened
Banca Monte dei Paschi chairman Cesare Bisoni told Reuters that holders of 65.86% of the bank's capital are taking part in the shareholder meeting. The session is being held while the lender faces two competing takeover proposals.
Shareholder Caltagirone, who holds 12.66%, is also set to attend Thursday's meeting.
why it matters
Strong turnout suggests major shareholders will play a decisive role in how the contest for the bank plays out. Caltagirone's 12.66% holding is a sizable block of votes, so investors will watch his position closely.
market impact
MPS shares: high turnout at the meeting keeps focus on the two competing bids for the bank
tags
instruments
sources
- MPS chair says 65.86% of capital represented at shareholders' meeting on twin bids — Reuters, 29 October 2026 at 09:32 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
alerts on your topics, the morning digest and the api — in your account.
get stories in real time ↗