Monte dei Paschi makes offers over Banca Generali and Banco BPM for 34 billion
Las ofertas pretenden frenar la propuesta de compra de 30.600 millones de euros planteada a MPS el pasado mes de junio por Intesa Sanpaolo, el mayor banco italiano. Leer
Banca Monte dei Paschi di Siena (MPS) has approved two voluntary public exchange offers to acquire Banco BPM and Banca Generali for a total of around 34,000 million euros. The offers aim to counter a 30,600 million euro purchase proposal by Intesa Sanpaolo, Italy's largest bank, made in June. MPS' board of directors, led by Cesare Bisoni, approved the offers which value Banco BPM at 25,350 million euros and Banca Generali at 8,670 million euros.
The deals are expected to be completed by mid-February 2027, subject to regulatory approvals and shareholder acceptance.
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