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GgoogleIT first seen 18 h ago, last 15 h ago, peak #2

Intesa raises bid for Monte dei Paschi with ultimatum

Original: banca intesa mps

Intesa Sanpaolo has raised its offer for Banca Monte dei Paschi di Siena and issued an ultimatum, calling on shareholders to reject the strategic plan presented by MPS chief executive Luigi Lovaglio. The move escalates the standoff over the future of the Tuscan bank, and Italian media and investors are closely watching how MPS shareholders and the Treasury will respond to the higher bid.

Why now: Intesa's raised offer and public ultimatum mark a significant escalation in the takeover battle for MPS.

Intesa SanpaoloBanca Monte dei Paschi di SienaLuigi Lovagliola Repubblica

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