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    Monte Paschi board to discuss defence against Intesa bid on Thursday, source says

    Picture of Banca Generali SpA logoBanca Generali SpA
    19/08/2026 10:20
    Monte Paschi board to discuss defence against Intesa bid on Thursday, source says
    MILAN, Aug 19 (Reuters) - The board of Banca Monte dei Paschi BMPS.MI will meet on Thursday to discuss potential defence options against a takeover bid launched by rival Intesa Sanpaolo ISP.MI in June, a source said on Wednesday.
    Monte dei Paschi CEO Luigi Lovaglio is working on two potential share-swap offers for rival Banco BPM BAMI.MI and wealth manager Banca Generali BGN.MI in a effort to fend off Intesa's takeover approach, daily Il Sole 24 Ore reported earlier on Wednesday.


     (Reporting by Valentina Za; writing by Giulio Piovaccari: editing by Giselda Vagnoni)
     ((giulio.piovaccari@thomsonreuters.com))

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