Intesa shareholders approve share issue to fund Monte dei Paschi bid

Intesa Sanpaolo

10/09/2026 11:26

MILAN, Sept 10 (Reuters) - Shareholders in Italy's biggest bank Intesa Sanpaolo ISP.MI on Thursday gave near unanimous backing for a new share issue needed to fund the €35 billion ($40.7 billion) takeover bid for Monte dei Paschi di Siena BMPS.MI.
Intesa said in a statement that shareholders representing 63.88% of its share capital attended the meeting.
The proposal to increase the share capital to fund the cash-and-stock bid was approved by investors representing 96.96% of the capital present at the meeting.
($1 = 0.8595 euros)

 (Reporting by Valentina Za
Editing by Keith Weir)
 ((valentina.za@thomsonreuters.com; +39 02 6612 9526;))