Italian bank Monte dei Paschi di Siena (MPS) and luxury hotel group Baglioni both have plans to sell off properties in their home market to fund their future expansion. MPS is planning to sell around EUR 500 mln worth of non-strategic properties, Antonio Vigni, Chief Executive Officer of the financial institution, told Italian papers.
Ares, Coima and MEAG are three investors which have closed multiple acquisitions in the last few weeks.
