MPS runs on the stock market after rumors about M&A, BPER suffers

MPS runs on the stock market after rumors about MA

(Tiper Stock Exchange) – Brilliant session in Piazza Affari For mps extensionwhich is by far the best stock in the FTSE MIB, after Repubblica wrote about one this morning possible aggregation with BPER Bank in an operation that would have the consent of the partners of the two institutes (Treasury for Siena, Unipol and Banco di Sardegna Foundation for Modena) and would also see the participation of UniCredit and MCC for the purchase of some branches of the Sienese institute.

“Despite MPS’s successful turnaround process, we believe any transaction will be characterized by a certain execution risk given the relative size of the bidder compared to the target – write the analysts of Equity – However, we believe it is credible that a deal of this type could find the support of the first shareholder Unipolwhich could in this way further expand the bancassurance networkalthough you will need to define relationships with first AXAcurrent partner of MPS (until 2027).

It moves upwards MPS Bankwhich stands at 2.359 euros per share, with a 3.74% increase. Operationally, expectations are for a continuation of the day in a positive direction with resistance seen at 2.398 and subsequent at 2.493. Support at 2.303.

BPER register one decrease of 1.32% compared to the day before and stands at 2.463 euros. From an operational point of view, a downward extension of the curve is expected with a support area seen at 2.447 and subsequently at a level of 2.43. Resistance at 2.488.

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