Italy's Intesa hikes MPS takeover offer price and warns it could drop bid
03/10/2026 18:23
Italy's Intesa hikes MPS takeover offer price and warns it could drop bid MILAN, Oct 3 (Reuters) - Italy's biggest lender Intesa Sanpaolo ISP.MI on Saturday said it would increase by 25% the cash component of its takeover bid for Monte dei Paschi di Siena BMPS.MI, and warned investors in the bank it would walk away if they backed a defence plan.
(Reporting by Valentina Za; Editing by Alex Richardson)
((valentina.za@thomsonreuters.com; +39 02 6612 9526;))
Recent news on Intesa Sanpaolo
See all newsMedia: Intesa plans risk transfer deal to hedge $6 billion in credits - Bloomberg News
Deutsche Bank AG FF - Post Stabilisation Notice -BPER EUR 4NC3 Green SNP
Intesa CEO takes aim at Italy's plan to hike taxes on financial sector
Italy - Factors to watch on October 19
Media: Axa braces for loss of Paschi contract as Italy bank deals swirl- Bloomberg News