Rome, Nov 8, 2026 (AFP) - Italy's Intesa Sanpaolo says given green light for MPS takeover

NAMPA / AFP

2026-11-08

Italy's largest bank, Intesa Sanpaolo, on Sunday said the country's market regulator had authorised its takeover bid of competitor Monte dei Paschi di Siena (MPS) to create the eurozone's second-largest bank. The public takeover bid will begin on November 24 and end on January 22, 2027. Intesa is offering 1.24 euros plus 1,664 of its own shares to each MPS shareholder who sells their stock, a statement read. Intesa had previously raised its bid t......

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