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Monte dei Paschi gets Italian approval for Mediobanca buyout

( April 14, 2025, 07:59 GMT | Official Statement) -- MLex Summary: Italian bank Monte dei Paschi di Siena said this morning that the government has decided not to block its intended takeover of Mediobanca, through its "golden power" that would allow it to block any deal involving a strategic asset. On Thursday this week, Monte dei Paschi's shareholders will be asked to approve the capital increase needed for the transaction.Press release is attached....

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