Monte dei Paschi rejects Intesta bid, favors BPM merger

Timeline

1. 2 days ago

   [BUSINESS] 2 sources

   Monte dei Paschi and Banco BPM merger sparks debate over equal‑share takeover

   Monte dei Paschi rejected Intesa’s bid and is negotiating an equal‑share merger with Banco BPM, aiming to keep its Siena base, generate €1.5 bn synergies, and secure Crédit Agricole’s approval.

2. 8 days ago

   [BUSINESS] 2 sources

   Monte dei Paschi di Siena favors Banco BPM merger over Intesa offer

   MPS board rejects Intesa's €30.6 bn bid, preferring a merger with Banco BPM, with talks moving toward an integration plan by early August.

3. 10 days ago

   [BUSINESS] 7 sources

   Monte dei Paschi faces Intesa's €3.6bn takeover bid and rival merger talks

   Intesa offers €3.6 bn for Monte dei Paschi; MPS rejects as insufficient, while talks with Banco BPM and a potential Crédit Agricole stake intensify.

4. 13 days ago

   [BUSINESS] 17 sources

   Monte dei Paschi board rejects Intesa offer, considers Banco BPM

   Monte dei Paschi’s board finds Intesa’s €30 bn offer undervalued, cites low premium, discount, antitrust and Generali‑stake concerns, and looks to a merger proposal from Banco BPM as an alternative.

5. 16 days ago

   [BUSINESS] 4 sources

   Intesa Sanpaolo's market offer for Monte dei Paschi di Siena backed by Unipol chief

   Intesa Sanpaolo's market offer for Monte dei Paschi di Siena was defended by Unipol president Carlo Cimbri, who called it a solid industrial move and said the market will decide its outcome.

6. 18 days ago

   [BUSINESS] 6 sources

   Monte dei Paschi di Siena weighs all offers amid Intesa Sanpaolo bid and Banco BPM proposal

   MPS CEO Luigi Lovaglio says the bank, valued over €30 bn, will assess Intesa Sanpaolo’s bid, a Banco BPM proposal, and other options, while preserving its network; Intesa has appointed major advisors for its O​

7. 19 days ago

   [POLITICS] 2 sources

   Siena and Monte dei Paschi Settle Derivative Case, Release €7.1 M

   Siena and Monte dei Paschi settled a derivative dispute, freeing €7.1 M and allocating €1 M to restore Palio costumes and mounts.

8. 22 days ago

   [POLITICS] 3 sources

   Tuscany Regional Council Approves Motion to Safeguard Monte dei Paschi di Siena

   Tuscany’s regional council unanimously passed a motion urging the government to protect Monte dei Paschi di Siena’s jobs, headquarters, brand and autonomy, stressing its economic and cultural importance.

9. 22 days ago

   [BUSINESS] 3 sources

   Intesa Sanpaolo launches €30.6bn bid for Monte dei Paschi di Siena, sparking debate on bank's role

   Intesa Sanpaolo's €30.6bn unsolicited bid for Monte dei Paschi di Siena raises questions about the historic bank's future role, while its CEO Carlo Messina tops manager reputation rankings.

10. 25 days ago

    [BUSINESS] 5 sources

    Crédit Agricole lifts stake in Italy's Banco BPM to 29.3%

    Crédit Agricole now holds 29.3% of Banco BPM, crossing the 25% notification threshold, impacting its CET1 ratio by -35 bps, and reinforcing its long‑term partnership amid Italian banking consolidation.

11. 26 days ago

    [BUSINESS] 2 sources

    Intesa Sanpaolo targets growth in Spain and seeks takeover of Monte dei Paschi

    Intesa Sanpaolo plans to expand asset management in Spain while pursuing a €30.6 bn takeover of Monte dei Paschi, aiming to become Europe’s second‑largest bank.

12. about 1 month ago

    [BUSINESS] 16 sources

    Italian Treasury prepares accelerated sale of Monte dei Paschi di Siena stake

    Italy’s Treasury is set to sell its remaining 4.863% stake in Monte dei Paschi di Siena via an Accelerated Bookbuilding<|endofprompt|>

13. about 1 month ago

    [POLITICS] 3 sources

    Siena officials and civic groups rally to defend Monte dei Paschi's autonomy

    Siena civic groups and the mayor backed a unanimous council motion to protect Monte dei Paschi's autonomy, seeking a ministerial review of possible golden‑power intervention.

14. about 1 month ago

    [BUSINESS] 5 sources

    Monte dei Paschi approves split of Mediobanca Premier and Widiba amid takeover bids

    Monte dei Paschi’s board approved a carve‑out of Mediobanca Premier and a partial split to Widiba, creating a new Mediobanca SpA owned by MPS, pending shareholder and regulator sign‑off as the bank faces Intesa

15. about 1 month ago

    [BUSINESS] 2 sources

    Montepaschi CEO Lovaglio Outlines Restructuring and Merger Talks with Banco BPM

    Montepaschi CEO Lovaglio detailed a restructuring that creates Mediobanca Spa, links to Widiba, and evaluates a merger with Banco BPM versus Intesa Sanpaolo’s offer, aiming for completion by Q4.

16. about 1 month ago

    [BUSINESS] 3 sources

    Intesa Sanpaolo pushes €30.6 bn bid for Monte dei Paschi di Siena

    Intesa Sanpaolo proposes a €30.6 bn bid for Monte dei Paschi, mixing shares and cash, while talks with Banco BPM and a fading Crédit Agricole counter‑offer shape Italy’s banking consolidation.

17. about 1 month ago

    [BUSINESS] 2 sources

    Crédit Agricole eyes larger stake in Italy's Banco Bpm amid MPS takeover talks

    Crédit Agricole, holding 22.9% of Banco Bpm, may raise its stake to the 29.9% limit, boosting influence as Intesa Sanpaolo's bid for Monte dei Paschi reshapes Italy’s banking sector; the French group stays wary

18. about 1 month ago

    [BUSINESS] 3 sources

    Monte dei Paschi di Siena: Treasury stays neutral as BPM and Intesa proposals are evaluated

    Italy’s Treasury will stay neutral in Monte dei Paschi di Siena’s restructuring, while the board weighs Intesa’s €30.6bn OPAS offer and Banco BPM’s equal‑merger proposal, amid political debate over golden‑power

19. about 1 month ago

    [BUSINESS] 2 sources

    Intesa Sanpaolo advances €30bn bid for Monte dei Paschi, government eyes exit

    Intesa Sanpaolo's €30 bn bid for Monte dei Paschi moves forward as the Treasury plans to sell its 4.86% stake; Ivass flags insurance implications, while Banco BPM waits for MPS’s board meeting before acting.

20. about 1 month ago

    [BUSINESS] 2 sources

    Monte dei Paschi merger eyes Gianni Franco Papa as CEO while Siena leaders demand job and heritage safeguards

    Gianni Franco Papa is expected to lead the merged Monte dei Paschi, while Siena’s Forza Italia insists the bank’s jobs, headquarters and art collection stay protected.

21. about 1 month ago

    [BUSINESS] 4 sources

    Intesa Sanpaolo launches €30.6 bn takeover bid for Monte Paschi di Siena

    Intesa Sanpaolo launched a €30.6 bn public offer to acquire Monte Paschi di Siena, sparking debate over competition, savings and regional banking services in Italy.

22. about 2 months ago

    [BUSINESS] 3 sources

    Intesa Sanpaolo launches €30.6bn bid for Monte dei Paschi di Siena

    Intesa Sanpaolo has offered €30.6 bn to acquire Monte dei Paschi di Siena, proposing a share‑for‑cash deal that could make it the eurozone’s second‑largest bank.

23. about 2 months ago

    [BUSINESS] 3 sources

    Intesa Sanpaolo launches €30.6 bn offer to acquire Monte dei Paschi di Siena

    Intesa Sanpaolo proposes a €30.6 bn cash‑share offer for Monte dei Paschi di Siena, aiming to consolidate Italy’s banking sector. The deal, supported by top shareholder Compagnia di San Paolo, faces integration

24. about 2 months ago

    [BUSINESS] 4 sources

    Andrea Orcel drives UniCredit's push in Italy's Montepaschi‑Banco BPM tussle

    UniCredit CEO Andrea Orcel is reshaping Italy’s banking scene, boosting stakes in Generali, eyeing Montepaschi via Delfin, and facing a blocked bid for Banco BPM as Intesa Sanpaolo makes its own Montepaschi bid

25. about 2 months ago

    [BUSINESS] 2 sources

    Monte dei Paschi di Siena faces takeover bids from Banco BPM and Intesa Sanpaolo

    Italian unions warn that takeover bids by Banco BPM and Intesa Sanpaolo could jeopardize Monte dei Paschi di Siena’s jobs, branches and historic identity.

26. about 2 months ago

    [BUSINESS] 4 sources

    Intesa Sanpaolo launches bid for Monte dei Paschi di Siena amid banking showdown

    Intesa Sanpaolo bids for Monte dei Paschi di Siena, while UniCredit expands its Generali stake, prompting a major reshuffle of Italy's banking sector.

27. about 2 months ago

    [BUSINESS] 2 sources

    Monte dei Paschi di Siena reviews merger offers from Banco BPM and Intesa Sanpaolo

    MPS board acknowledges unsolicited merger offers from Banco BPM and Intesa Sanpaolo and will evaluate them with advisors, while integration with Mediobanca proceeds.

28. about 2 months ago

    [BUSINESS] 2 sources

    Monte dei Paschi di Siena merger talks prompt consumer watchdog demand for transparency

    Assoutenti plans a CONSOB complaint demanding transparency on Monte dei Paschi's potential merger with Banco BPM, while the bank also weighs a rival Intesa‑BPER offer, reshaping Italy’s banking landscape.

29. about 2 months ago

    [BUSINESS] 2 sources

    Monte dei Paschi di Siena faces merger talks with Banco BPM and potential Intesa Sanpaolo‑BPER bid

    Monte dei Paschi di Siena is evaluating a €50 billion merger proposal from Banco BPM and a possible joint offer from Intesa Sanpaolo and BPER, with board discussions slated for 8 June.

30. about 2 months ago

    [BUSINESS] 48 sources

    Intesa Sanpaolo launches €30.6 bn unsolicited bid for Monte dei Paschi, sparking Italian banking shake‑up

    Intesa Sanpaolo’s €30.6 bn unsolicited bid for Monte dei Paschi, coupled with Banco BPM’s merger offer and Unipol’s branch acquisition, could create the euro‑zone’s second‑largest bank.

31. 2 months ago

    [BUSINESS] 5 sources

    Luigi Lovaglio sets growth targets for Monte dei Paschi di Siena

    Monte dei Paschi CEO Luigi Lovaglio says the bank is united, aims to complete Mediobanca integration and reach a €50 billion market cap, targeting a share price of €16.5.