Browsing Tag
Luigi Lovaglio
2 posts
Intesa raises MPS offer as October 29 vote becomes a €34bn banking showdown
Intesa Sanpaolo has added about €800 million of cash to its Monte dei Paschi offer while warning that MPS’s rival Banco BPM and Banca Generali strategy could kill the deal, turning an October 29 shareholder vote into a decision over two radically different visions for Italian banking.
Italy’s banking chessboard just got messier after Monte dei Paschi denied merger talks
Monte dei Paschi denies Banco BPM talks as it focuses on Mediobanca. Read why Italy’s banking merger story is not over.