FTSE MIB Closes Sharply Lower
The FTSE MIB fell 0.8% to 51,372 on Wednesday, weighed down by heavyweight financials and ongoing merger talks involving Milan’s banks. Monte dei Paschi fell 1.4% after urging investors to support its dual takeover offer for Generali-controlled (-1.8%) Banca Generali and Banco BPM (-2.1%), saying that keeping the plan