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Norges Bank Investment Management has announced its intention to vote against the proposed merger between Monte dei Paschi di Siena (MPS) and Mediobanca, as well as related corporate restructuring plans, at the upcoming MPS extraordinary meeting.
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The European Central Bank has granted authorization for Intesa Sanpaolo to acquire direct control of Banca Monte dei Paschi di Siena, which includes indirect control of Mediobanca.
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