Business
MPS chief considering Generali stake sale, FT reports
MPS chief considering Generali stake sale, FT reports
About this update from Banco Bpm Spa
Monte dei Paschi di Siena MIL:BMPS chief Luigi Lovaglio is considering selling a 7.4-billion-euro ($8.64 billion) stake in Generali MIL:G to help fund an acquisition of Banco BPM MIL:BAMI, the Financial Times reported on Friday.Reuters could not immediately verify the report.($1 = 0.8565 euros)