Unicredit-Mps, the negotiation with the Treasury at risk

The acquisition of Monte dei Paschi by Unicredit could skip. According to Unicredit, the conditions of the Treasury Ministry are not practicable and, at this point, the bank led by Andrea Orcel could leave the negotiation table. In recent days, the tension has risen more and more: the goal of Piazza Gae Aulenti is to close by the end of the month but, financial sources say, “the chances that the deal will not go through are greater than that of a success” . From Unicredit there are no official reactions but Orcel’s men are starting to get tired: they waited for the end of the electoral campaign and then the ballots. However, the situation has not been unlocked and the date circled in red on the calendar – October 27 – yes The bank’s stakes are the same as announced in the summer: the operation must be neutral from the point of view of capital and with a well-defined perimeter. Operation for which a dowry of seven billion euros could be needed. Reuters writes, according to the government they cannot be satisfied because the operation would be “too punitive” for the Italian taxpayer.