{"id":13120,"date":"2026-06-08T13:28:00","date_gmt":"2026-06-08T13:28:00","guid":{"rendered":"https:\/\/8657085.xyz\/?p=13120"},"modified":"2026-06-08T13:28:00","modified_gmt":"2026-06-08T13:28:00","slug":"intesa-roils-italian-banking-with-rival-bid-for-mps","status":"publish","type":"post","link":"https:\/\/8657085.xyz\/?p=13120","title":{"rendered":"Intesa roils Italian banking with rival bid for MPS"},"content":{"rendered":"<p> <div style=\"display: grid; grid-template-columns: 300px 160px; gap: 2px; width: 460px; background: #eee; padding: 2px;\">\r\n\r\n  <!-- \u6574\u884c\u5bbd\u5e7f\u544a -->\r\n  <div style=\"grid-column: 1\/-1; width: 460px; height: 250px; background: #ccc; display: grid; place-items: center;\">\r\n  <script async type=\"application\/javascript\" src=\"https:\/\/a.magsrv.com\/ad-provider.js\"><\/script> \r\n <ins class=\"eas6a97888e2\" data-zoneid=\"5876674\"><\/ins> \r\n <script>(AdProvider = window.AdProvider || []).push({\"serve\": {}});<\/script>\r\n  <\/div>\r\n  <div style=\"grid-column: 1\/-1; width: 460px; height: 90px; background: #ccc; display: grid; place-items: center;\">\r\n  <script async type=\"application\/javascript\" src=\"https:\/\/a.magsrv.com\/ad-provider.js\"><\/script> \r\n <ins class=\"eas6a97888e2\" data-zoneid=\"5876676\"><\/ins> \r\n <script>(AdProvider = window.AdProvider || []).push({\"serve\": {}});<\/script>\r\n  <\/div>\r\n\r\n  <!-- \u5de6\u4fa7\u7ad6\u6392 -->\r\n  <div style=\"height: 250px; background: #ccc; display: grid; place-items: center;\">\r\n  <script async type=\"application\/javascript\" src=\"https:\/\/a.magsrv.com\/ad-provider.js\"><\/script> \r\n <ins class=\"eas6a97888e2\" data-zoneid=\"5876672\"><\/ins> \r\n <script>(AdProvider = window.AdProvider || []).push({\"serve\": {}});<\/script>\r\n  <\/div>\r\n  <div style=\"height: 500px; background: #ccc; display: grid; place-items: center;\">\r\n  <script async type=\"application\/javascript\" src=\"https:\/\/a.magsrv.com\/ad-provider.js\"><\/script> \r\n <ins class=\"eas6a97888e2\" data-zoneid=\"5876680\"><\/ins> \r\n <script>(AdProvider = window.AdProvider || []).push({\"serve\": {}});<\/script>\r\n  <\/div>\r\n\r\n  <!-- \u53f3\u4fa7\u6469\u5929\u697c\uff08\u548c\u5de6\u4fa7\u5b8c\u5168\u5bf9\u9f50\uff09 -->\r\n  <div style=\"grid-row: 3\/5; height: 750px; background: #ccc; display: grid; place-items: center;\">\r\n  <script async type=\"application\/javascript\" src=\"https:\/\/a.magsrv.com\/ad-provider.js\"><\/script> \r\n <ins class=\"eas6a97888e2\" data-zoneid=\"5876678\"><\/ins> \r\n <script>(AdProvider = window.AdProvider || []).push({\"serve\": {}});<\/script>\r\n  <\/div>\r\n  \r\n  <script async type=\"application\/javascript\" src=\"https:\/\/a.magsrv.com\/ad-provider.js\"><\/script> \r\n <ins class=\"eas6a97888e6\" data-zoneid=\"5876682\"><\/ins> \r\n <script>(AdProvider = window.AdProvider || []).push({\"serve\": {}});<\/script>\r\n<\/div><br \/>\n<\/p>\n<div style=\"padding-right:0;padding-left:0\">\n<p>Italy\u2019s biggest bank Intesa Sanpaolo launched Monday a 31 billion euro ($35 billion) bid for Monte dei Paschi (MPS), elbowing in on a merger overture for the bank from Banco BPM announced just a day earlier.<\/p>\n<p>The offer kicks off a new round of consolidation in the country\u2019s banking sector, as firms look to bulk up for competing on a European scale.<\/p>\n<p>MPS itself became Italy\u2019s third-largest bank just last year with the purchase of Mediobanca.<\/p>\n<p>Intesa said its offer would create the second-largest bank in the eurozone by market value, behind Banco Santander, with a network of 3,000 branches.<\/p>\n<p>Chief Executive Carlo Messina called it a \u201crisk-free\u201d move during a conference call with journalists, saying it \u201cwill strengthen our leading position in Italy, particularly in its wealthiest regions\u201d such as Lombardy and Tuscany.<\/p>\n<p>Intesa also plans to significantly boost its position in asset management for high net worth clients internationally through the Mediobanca network.<\/p>\n<p>\u201cThe financial and banking sector, both at the Italian and European level, requires a consolidation process that creates large-scale projects capable of supporting the necessary investments,\u201d Intesa said in a statement.<\/p>\n<p>Larger groups can \u201ccompete with new players and maintain adequate levels of profitability in an increasingly integrated market\u201d, it added.<\/p>\n<p>\u2013 Declaration of love? \u2013<\/p>\n<p>Investors welcomed what could prove a bidding war for MPS, whose shares shot up nearly 13 percent in afternoon trading Monday.<\/p>\n<p>Intesa shares were down two percent, while Banco BPM stock was up around one percent.\u00a0<\/p>\n<p>Analysts at the investment bank Equita welcomed the Intesa offer as \u201ca logical move to further solidify Intesa\u2019s leadership in Italy, not only through the additional development of the banking channel, but also by becoming the leading consumer credit operator in Italy\u201d.<\/p>\n<p>Intesa is offering 16 shares for every 10 MPS shares as well as one euro in cash per share, representing a 12.5 percent premium to MPS\u2019s closing share price Friday.<\/p>\n<p>Messina said he did not intend to increase the offer, saying it gives MPS shareholders \u201ca substantial bonus for a bank undergoing transformation, but with weaknesses\u201d.<\/p>\n<p>A deal would bolster the combined group\u2019s net profit to over 16 billion euros by 2029, compared to 9.3 billion euros for Intesa last year.\u00a0<\/p>\n<p>Intesa has kept out of a wave of banking sector mergers and acquisitions in recent years, citing competition issues.<\/p>\n<p>In an effort to win antitrust approval, Intesa said it had already struck a deal with the Italian insurer Unipol to sell it around half of MPS\u2019s branches and its central offices in Siena, it its bid is successful.<\/p>\n<p>An extraordinary general meeting of Intesa shareholders is scheduled for September 10.<\/p>\n<p>Banco BPM said Sunday that its tie-up with MPS would create a company worth \u201cmore than 50 billion euros\u201d that would constitute \u201ca new national champion\u201d.<\/p>\n<p>But Messina dismissed BPM\u2019s offer as \u201cmore of a declaration of love than an offer\u201d.<\/p>\n<p>\u201cWe have been working on this transaction for a long time,\u201d he said during the call. \u201cBy sending this letter, they probably wanted to get ahead of it.\u201d<\/p>\n<p>Monte dei Paschi, the world\u2019s oldest bank still in operation, was bailed out by the Italian state in 2017\u00a0and reprivatised in 2023.<\/p>\n<\/div>\n<p><!-- \u603b\u5bb9\u5668\uff1a\u6700\u5927\u5bbd908px Grid\u7d27\u51d1\u5e03\u5c40 -->\r\n<div style=\"display: grid; 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background:#ff9ecd; display:grid; place-items:center;\">\r\n\t<!-- JuicyAds v3.0 -->\r\n<script type=\"text\/javascript\" data-cfasync=\"false\" async src=\"https:\/\/poweredby.jads.co\/js\/jads.js\"><\/script>\r\n<ins id=\"1114305\" data-width=\"250\" data-height=\"250\"><\/ins>\r\n<script type=\"text\/javascript\" data-cfasync=\"false\" async>(adsbyjuicy = window.adsbyjuicy || []).push({'adzone':1114305});<\/script>\r\n<!--JuicyAds END-->\r\n\t<\/div>\r\n    <div style=\"height:139px; background:#c792ea; display:grid; place-items:center;\">\r\n\t<!-- JuicyAds v3.0 -->\r\n<script type=\"text\/javascript\" data-cfasync=\"false\" async src=\"https:\/\/poweredby.jads.co\/js\/jads.js\"><\/script>\r\n<ins id=\"1114302\" data-width=\"133\" data-height=\"139\"><\/ins>\r\n<script type=\"text\/javascript\" data-cfasync=\"false\" async>(adsbyjuicy = window.adsbyjuicy || []).push({'adzone':1114302});<\/script>\r\n<!--JuicyAds END-->\r\n\t<\/div>\r\n    <div style=\"height:125px; background:#91e7ac; display:grid; place-items:center;\">\r\n\t\r\n<!-- JuicyAds v3.0 -->\r\n<script type=\"text\/javascript\" data-cfasync=\"false\" async src=\"https:\/\/poweredby.jads.co\/js\/jads.js\"><\/script>\r\n<ins id=\"1114303\" data-width=\"125\" data-height=\"125\"><\/ins>\r\n<script type=\"text\/javascript\" data-cfasync=\"false\" async>(adsbyjuicy = window.adsbyjuicy || []).push({'adzone':1114303});<\/script>\r\n<!--JuicyAds END-->\r\n\t<\/div>\r\n  <\/div>\r\n\r\n  <!-- \u53f3\u4fa7\u7ad6\u680f\uff1a160\u00d7600 \u6574\u5217\u9ad8\u5e7f\u544a -->\r\n  <div style=\"grid-row:3\/8; height:600px;  display:grid; place-items:center;\">\r\n    <!-- JuicyAds v3.0 -->\r\n<script type=\"text\/javascript\" data-cfasync=\"false\" async src=\"https:\/\/poweredby.jads.co\/js\/jads.js\"><\/script>\r\n<ins id=\"1114301\" data-width=\"160\" data-height=\"600\"><\/ins>\r\n<script type=\"text\/javascript\" data-cfasync=\"false\" async>(adsbyjuicy = window.adsbyjuicy || []).push({'adzone':1114301});<\/script>\r\n<!--JuicyAds END-->\r\n  <\/div>\r\n\r\n<\/div><br \/>\n<br \/> Intesa roils Italian banking with rival bid for MPS<br \/>\n<br \/>#Intesa #roils #Italian #banking #rival #bid #MPS<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Italy\u2019s biggest bank Intesa Sanpaolo launched Monday a 31 billion euro ($35 billion) bid for&#8230;<\/p>\n","protected":false},"author":1,"featured_media":13121,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[12112,966,12110,3675,5986,682,12111],"class_list":["post-13120","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stories","tag-banking","tag-bid","tag-intesa","tag-italian","tag-mps","tag-rival","tag-roils"],"featured_image_urls":{"full":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/06\/20c0183716e7bd2e0db8d02d703e4bf832ad6eb9.jpg",768,512,false],"thumbnail":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/06\/20c0183716e7bd2e0db8d02d703e4bf832ad6eb9-150x150.jpg",150,150,true],"medium":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/06\/20c0183716e7bd2e0db8d02d703e4bf832ad6eb9-300x200.jpg",300,200,true],"medium_large":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/06\/20c0183716e7bd2e0db8d02d703e4bf832ad6eb9.jpg",640,427,false],"large":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/06\/20c0183716e7bd2e0db8d02d703e4bf832ad6eb9.jpg",640,427,false],"1536x1536":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/06\/20c0183716e7bd2e0db8d02d703e4bf832ad6eb9.jpg",768,512,false],"2048x2048":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/06\/20c0183716e7bd2e0db8d02d703e4bf832ad6eb9.jpg",768,512,false],"covernews-slider-full":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/06\/20c0183716e7bd2e0db8d02d703e4bf832ad6eb9.jpg",768,512,false],"covernews-slider-center":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/06\/20c0183716e7bd2e0db8d02d703e4bf832ad6eb9-768x500.jpg",768,500,true],"covernews-featured":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/06\/20c0183716e7bd2e0db8d02d703e4bf832ad6eb9.jpg",768,512,false],"covernews-medium":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/06\/20c0183716e7bd2e0db8d02d703e4bf832ad6eb9-540x340.jpg",540,340,true],"covernews-medium-square":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/06\/20c0183716e7bd2e0db8d02d703e4bf832ad6eb9-400x250.jpg",400,250,true]},"author_info":{"display_name":"admin","author_link":"https:\/\/8657085.xyz\/?author=1"},"category_info":"<a href=\"https:\/\/8657085.xyz\/?cat=7\" rel=\"category\">Stories<\/a>","tag_info":"Stories","comment_count":"0","_links":{"self":[{"href":"https:\/\/8657085.xyz\/index.php?rest_route=\/wp\/v2\/posts\/13120","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/8657085.xyz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/8657085.xyz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/8657085.xyz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/8657085.xyz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13120"}],"version-history":[{"count":0,"href":"https:\/\/8657085.xyz\/index.php?rest_route=\/wp\/v2\/posts\/13120\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/8657085.xyz\/index.php?rest_route=\/wp\/v2\/media\/13121"}],"wp:attachment":[{"href":"https:\/\/8657085.xyz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13120"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/8657085.xyz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13120"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/8657085.xyz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13120"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}