This is according to a statement released this morning by UniCredit.
"The recent rumors and buzz regarding a stake in Mps are speculative and unfounded, as are the assumptions about alleged interest in acquiring other holdings."
The statement clarifies that "the decision to proceed or not with any M&A operation is based solely on the potential target's ability not only to fit into UniCredit's strategy, but also to meet our repeatedly stated financial return criteria."
(Antonella Cinelli, editing by Claudia Cristoferi)
