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Mediobanca's ownership climbs to 70.48% by MPS, closing the Milan Stock Exchange on Monday

Mediobanca's ownership is increased by MPS to 70.48%, with the OPS market closing for Monday
Mediobanca's ownership is increased by MPS to 70.48%, with the OPS market closing for Monday

Mediobanca's ownership climbs to 70.48% by MPS, closing the Milan Stock Exchange on Monday

The reopening of the offer for subscriptions to the Opas of MPS on Mediobanca has been ongoing for four days, and during this period, precisely 70.4845% of subscriptions have been made. The exact percentage of subscriptions made during the last four days has not been specified in the current news.

The announcements regarding these figures were made on the Italian Stock Exchange. As of now, the total number of shares tendered during the reopening period exceeds 47 million, with a total of 47,150,272 shares having been tendered. However, it is not clear from the current news whether there have been any changes in the number of shares tendered since the last announcement.

Interestingly, the majority of shares in MPS acquired through the reopening of the offer belong to Mediobanca, reaching a membership of 62.3%. The prior owner of these shares was not specified. This significant acquisition by Mediobanca has now enabled MPS to surpass the 66.7% threshold, thereby gaining control of the extraordinary assembly of shareholders.

It is worth noting that the offer for subscriptions to the Opas of MPS on Mediobanca is set to close on September 22. While the exact percentage of subscriptions made during the last four days remains undisclosed, it is clear that the current percentage of subscriptions is over 70%.

However, it is not clear from the current news whether there have been any changes in the percentage of subscriptions made since the last announcement. The reopening period for the offer ends on September 22, leaving potential investors with a limited time to participate in the offer.

These developments underscore the ongoing interest in MPS and its strategic partnership with Mediobanca. As the situation unfolds, investors and stakeholders will continue to watch closely for updates on the progress of the offer and the impact it may have on the future of MPS.

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