Italian prosecutors probe government sale of Monte dei Paschi stake, sources say

Investigation into Monte dei Paschi Sale: Italian prosecutors are investigating the government's sale of a 15% stake in Monte dei Paschi di Siena, which was sold to a select group of investors last November through an accelerated bookbuilding process, with police retrieving related documents.

Market Impact and Shareholder Changes: The sale was conducted at a premium to market prices, benefiting taxpayers, and has led to significant changes in ownership, with key investors increasing their stakes, amidst ongoing upheaval in the Italian banking sector involving multiple takeover bids.