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The government is set to have a
stake of 62% in Monte dei Paschi di Siena after it passed a
decree to save the troubled bank, according to a report by
Equita Sim analysts on Friday. "Hypothesising a subordinate to
share conversion price equal to that of the government's
subscription, institutional investors would control 38% of the
new MPS and the government 62%," the report said.
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