Caltagirone Mediobanca Takeover Investigation – Corriere Milano
Here’s a summary of the news articles provided, focusing on the key events and individuals involved:
Key Event: Investigations are underway regarding potential market manipulation and obstruction of regulatory bodies (Consob and ECB) related to Montepaschi’s (MPS) attempted takeover of Mediobanca.
Individuals Investigated:
* Caltagirone: A prominent figure involved in the situation.
* Milleri: Also under investigation.
* Lovaglio: Received a formal investigation notice from MPS and is being investigated.
Key Points from the Articles:
* Allegations: the investigations center around accusations of “game manipulation” and hindering the work of Consob (the Italian stock market regulator) and the ECB (European Central Bank).
* MPS Response: Montepaschi (MPS) has confirmed the investigation and stated its trust in and collaboration with authorities.
* Concert Hypothesis: There’s a “concert hypothesis” being considered in relation to the takeover bid, suggesting coordinated action among the involved parties.
* Sources: The news is being reported by various Italian financial news outlets including Courier milan, Italian stock exchange, and Milan Finance.
In essence, the articles detail a developing legal and financial situation surrounding a contested takeover attempt, with serious allegations being made against key individuals involved.
