Banken: EZB gibt Intesa Sanpaolo grünes Licht für MPS-Übernahme
Italiens größte Bank kommt mit ihrem 32 Milliarden Euro schweren Kaufangebot voran. Die Zustimmung der Börsenaufsicht und die Entscheidung der Wettbewerbshüter stehen noch aus.
The European Central Bank (EZB) has granted Intesa Sanpaolo permission to proceed with its €32 billion takeover bid for Monte dei Paschi di Siena (MPS), according to a report from Handelsblatt. This approval marks a crucial step forward for the deal, which will now need to be approved by Italy's securities regulator, the Consob, at the beginning of the following month.
To address potential antitrust concerns, Intesa Sanpaolo has agreed to sell half of MPS's branches to the insurer Unipol, who plans to consolidate these locations with those of the mid-sized bank BPER. Additionally, the Italian competition authority is reviewing the impact of the acquisition on the insurance market, as Intesa will indirectly own 13.4% of insurance giant Assicurazioni Generali through the MPS takeover.
The Italian competition authority's head, Saverio Valentino, has indicated that Intesa may need to comply with certain behavioral conditions to ensure that the stake remains purely a financial investment.
Brief written by urgent.news from Handelsblatt's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
