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Intesa Offers to Buy Monte Paschi in €30.6 Bid
Intesa Sanpaolo offered to buy Banca Monte dei Paschi di Siena for €30.6 billion ($35.3 billion). The Milan-based bank will offer 1.6 of its own shares and €1 in cash for each Monte Paschi share. The bid comes the day after Banco BPM pitched its own merger with Monte Paschi, considered to be the wor
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