Italy to assess best offer as it seeks Monte Paschi exit, economy minister says

Bper Banca SpA

10/06/2026 13:19

    ROME, June 10 (Reuters) - Italy needs to cut its remaining stake in bailed-out Monte dei Paschi di Siena (MPS) BMPS.MI and will assess which party makes the best offer, Economy Minister Giancarlo Giorgetti said on Wednesday. 
"We have to get out of (Monte dei Paschi) and figure out who offers us the most, that's how it works," Giorgetti told reporters, when asked about the government's position with regards to Intesa Sanpaolo's ISP.MI €30.6 billion ($35 billion) unsolicited cash-and-share bid to buy MPS.
The Treasury still owns a 5% residual stake in MPS.
Banco BPM BAMI.MI had also expressed interest in a merger deal with MPS, a day before Intesa's offer.

 (Reporting by Giuseppe Fonte, editing by Giulia Segreti)
 ((giuseppe.fonte@thomsonreuters.com; +390680307711;))