MILAN (Reuters) -Junior bonds issued by Monte dei Paschi fell sharply on Monday as slow-moving talks between Italy's Treasury and UniCredit over the sale of the state-owned bank weighed on investor sentiment.
LONDON (Reuters) -Activist Bluebell Capital Partners has urged Belgian chemicals company Solvay to replace Chief Executive Ilham Kadri, saying she had failed to stop the discharge into the sea of waste from a soda ash production plant in Italy.
* Bluebell campaigned for a year to halt Solvay plant
* Call for ouster follows year of engagement
(Adds detail from letter, company response, background)
MILAN (Reuters) -UniCredit and Italy's Treasury are set to extend discussions over the sale of state-owned bank Monte dei Paschi di Siena beyond an exclusivity deadline on Wednesday, two people close to the matter said.
MILAN, Sept 7 UniCredit and Italy's
Treasury are set to extend discussions over the sale of
state-owned bank Monte dei Paschi di Siena beyond an
exclusivity deadline on Wednesday, two people close to the
SIENA When Italian Prime Minister Mario Draghi returns from his brief summer break one of the thorniest items on his "to do" list will be finally fixing the woes of the world's oldest bank, Monte dei Paschi di Siena (MPS).
MILAN (Reuters) -Pan-European stock exchange Euronext on Wednesday dismissed as "speculation" reports in the Italian press about job cuts and top management changes at the recently acquired Milan bourse under a new business plan due in the autumn.
* Source confirms Italy bourse CEO Jerusalmi to be replaced
ROME A deal under discussion for UniCredit to buy parts of Monte dei Paschi involves the larger Italian bank assuming liability for its target's so-called junior bonds, two people close to the matter told Reuters on Tuesday.