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Monte dei Paschi to hold board meeting on M&A situation, Bloomberg News reports

Monte dei Paschi to hold board meeting on M&A situation, Bloomberg News reports

- Italy's Banca Monte dei Paschi BMPS.MI will hold a board meeting on Monday on its takeover situation following Intesa Sanpaolo's ISP.MI increased offer, Bloomberg News reported on Sunday, citing people familiar with the matter.

Reuters could not immediately verify the report.


(Reporting by Nethra Sailesh in Bengaluru
Editing by Tomasz Janowski)

((Nethra.Sailesh@thomsonreuters.com))

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