(Alliance News) - The date for the placement of the new tranche of Poste Italiane Spa has not yet been set, and there is speculation of a possible postponement to 2025, Corriere della Sera reported Wednesday.

The stock attracts many investors due to its security and stable dividend, similar to that of Cassa Depositi e Prestiti Spa. The postponement could be linked to the government's desire to avoid overlapping with the discussion on the maneuver and the tax concordat, or to encourage greater participation by domestic investors, such as banking foundations-Cariplo, Crt, Cuneo, Cariparo, and CariFirenze-that could buy a portion of the stake put on the market.

Foundations would be ready to invest between EUR150 billion and EUR200 million, covering 6-8 percent of the offer.

Poste will present accounts on November 6 and pay dividends on November 18, with a possible window for the placement between November 20 and early December. However, the possibility of a postponement to 2025 remains.

The government has already approved the deal by decree in September, and it is estimated that the retail share could increase to 35 percent, but details between institutional investors and small savers have not yet been released.

At the same time, the expected placement of Banca Monte dei Paschi di Siena Spa is not expected to overlap with that of Poste. Montepaschi is attracting the interest of investors such as Enrico Marchi, patron of Banca Finint, which is reportedly forming a consortium to acquire about 10 percent of the bank, and Unipol Spa, which could invest in accordance with agreements related to the bancassurance branch.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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