BUZZ — Kepler, Equita cast doubts on MPS winning approval on defensive plan against Intesa

* Italy's Banca Monte dei Paschi might not have the necessary votes to implement CEO Luigi Lovaglio's defensive plan against a takeover attempt by larger rival Intesa Sanpaolo, broker Kepler Chevreux and Equita say * MPS shareholders will vote on October 29 over two proposed separate all-share bids for Banco BPM and Banca Generali, a defensive plan aimed at repelling Intesa's approach * Leading investors holding a third of MPS's share capital said they would vote against the plan * "Considering the voting intentions declared by the bank's main shareholders, we consider that reaching the required two-thirds majority for the approval... will be very difficult," says Kepler, sticking to its "hold" recommendation * "The bank's plan mathematically does not have the numbers to be authorized and, consequently, implemented," Equita notes, which maintains a "buy" rating * MPS said on Monday that Intesa's sweetened offer leaves the Siena bank's investors exposed to several uncertainties, while forcing them to ditch a possible alternative plan * Out of 10 analysts that cover MPS, six rate the stock "buy," ​three rate it "hold" and one maintains a "sell" rating - LSEG data (Reporting by Fabriz