Monte dei Paschi’s €3bn rights issue imminent, under a year after €5bn one

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Monte dei Paschi’s €3bn rights issue imminent, under a year after €5bn one

Italy

Banca Monte dei Paschi di Siena is set to launch its long-awaited rights issue, for up to €3bn, later this month, after the European Central Bank gave approval for the deal on Wednesday.

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