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Intesa counters Banco BPM’s proposal with Monte dei Paschi bid
Key takeaways
- Intesa counters Banco BPM’s proposal with Monte dei Paschi bid Credit: Lithuaniakid/ Shutterstock.com. · Retail Banker International · Lithuaniakid/ Shutterstock.com.
- Intesa said that, if completed, the deal would create the euro zone’s second-largest listed banking group by market value after Santander.
- The combined group would have a market capitalisation of €126bn and a net income objective of €16bn in 2029.
Intesa counters Banco BPM’s proposal with Monte dei Paschi bid Credit: Lithuaniakid/ Shutterstock.com. · Retail Banker International · Lithuaniakid/ Shutterstock.com. Vidhya Edwards Munnangi Mon, June 8, 2026 at 6:55 PM GMT+7 2 min read ISP.MI SAN BMPS.MI Intesa Sanpaolo has put forward a cash-and-share offer worth €30.6bn ($35bn) for Monte dei Paschi di Siena after Banco BPM’s merger of equals proposal for MPS.
Intesa said that, if completed, the deal would create the euro zone’s second-largest listed banking group by market value after Santander.
The combined group would have a market capitalisation of €126bn and a net income objective of €16bn in 2029.
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