Italy’s government may present the European Commission with three possible exit strategies for its majority stake in Banca Monte dei Paschi di Siena SpA as a year-end deadline for the plan approaches.
Prime Minister Giuseppe Conte’s second cabinet is likely to stick with his previous government’s plan to lay out three possible scenarios: a share sale, a direct disposal or a merger with another Italian lender, according to a person with knowledge of the matter. However, another person close to the discussions said the options may be narrowed to one before going to Brussels.