Mediobanca GM says Monte dei Paschi to reach 80% ownership, merger makes sense

Group 1 - Mediobanca General Manager Francesco Saverio Vinci stated that the take-up in Monte dei Paschi di Siena's bid would reach 80% [1] - Vinci emphasized that this level of take-up would make a merger inevitable [1] - The comments were made during a conference call aimed at reassuring staff [1]