Italy, UniCredit in deadlock over MPS as deadline nears - NewsBreak
By Victor in Business
Updated 3 years ago
MILAN, Oct 22 (Reuters) - UniCredit boss Andrea Orcel and Italy's government are poles apart over the terms of a deal to buy ailing bank Monte dei Paschi (MPS), people involved in the talks say, with the state balking at capital demands surpassing 7 billion euros ($8 billion). Negotiations are...
