Italy on Wednesday raised 1.1 billion euros ($1.16 billion) by selling 15% of bailed-out bank Monte dei Paschi di Siena , bringing on board rival Banco BPM as a shareholder in the Tuscan lender.

The Italian government cut its shareholding in Banca Monte dei Paschi di Siena by 15% allowing peers Banco BPM and Anima Holding to buy a stake in the world’s oldest bank.

Giorgia Meloni’s government sold a minority stake in Banca Monte dei Paschi di Siena SpA to rival Banco BPM SpA, a move aimed at bolstering the Italian shareholder base of the world’s oldest bank.

The operation uncovered a network of forgers in Spain, France and Belgium who produced the works, said Eurojust, the European Union agency for judicial cooperation.

Italian authorities say the network could have done 200 million euros ($212 million) in economic damage by flooding the art market with fake works.

According to Italian officials, a criminal network operating across Europe has forged artworks by Banksy, Picasso, and Warhol. An international operation resulted in the seizure of more than 2,100 forged pieces across Italy,