Paschi Investors Deal Crushing Blow to CEO in Win for Intesa
· bloomberg.com · popularity 47/100 · 0 similar stories today
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Summary
Banca Monte dei Paschi di Siena SpA’s investors overwhelmingly rejected the main element of CEO Luigi Lovaglio’s defense against a takeover by Intesa Sanpaolo SpA, setting up the world’s oldest bank for the potential loss of its independence.
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