ROME Nov 18 Banca Monte dei Paschi di Siena has had no contact with potential partners for the ailing bank, chairman Alessandro Profumo said on Monday, adding any suitors would be welcome.
Scandal-hit Monte Paschi must raise 2.5 billion euros ($3.37 billion) in fresh capital by the end of 2014 to win European Commission approval for a 4.1 billion euro state bailout it received earlier this year.
"My chief aim is for the bank to be well managed. To be bought by somebody else is not a problem," Profumo said at a Financial Times conference.
"We have a size (that would allow us) to remain independent. Whoever wants to buy the bank is welcome, though I don't think anyone will take 100 percent."
Profumo said the capital increase was feasible. ($1 = 0.7421 euros) (Reporting by Giselda Vagnoni, writing by Valentina Za, editing by Isla Binnie)
AT&T reaches deal to buy Time Warner for more than $80 billion -WSJ
Oct 22 AT&T Inc reached a deal to buy media company Time Warner Inc for more than $80 billion, The Wall Street Journal reported on Saturday.
Trump vows to weaken U.S. media 'power structure' if elected
GETTSYBURG, Pa. , Oct 22 U.S. Republican presidential candidate Donald Trump promised on Saturday to foil a proposed deal for AT&T Inc to buy Time Warner Inc if he wins the Nov. 8 election, arguing it was an example of a "power structure" rigged against both him and voters.