Intesa Sanpaolo announces a voluntary takeover bid on MPS
The €30.6 billion offer includes 16 ISP shares for every 10 MPS shares plus €1 and includes the transfer of 635 branches to Unipol; expected synergies €2.9 billion.
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Italian banking and financial services group
intesasanpaolo.comLast updated
In short: Intesa Sanpaolo launched a €30.6 billion bid for Monte dei Paschi di Siena and issued multi-billion dollar bonds to strong investor demand.
The €30.6 billion offer includes 16 ISP shares for every 10 MPS shares plus €1 and includes the transfer of 635 branches to Unipol; expected synergies €2.9 billion.
Participates in £825m financing for the development of renewable projects in the United Kingdom, accelerating solar capacity by 1 GW.
The net profit for the 1st quarter is €2.8 billion and net operating income €7.2 billion. The 2026 guidance remains around €10 billion.
Presents 2025 earnings, capitalization growth and objectives of the 2026–2029 Plan.
The order book peaked at around $20 billion and closed at around $14,5 billion after the final spread was confirmed.
Intesa Sanpaolo returns strongly to the US bond market and successfully closes the issuance of the Yankee bond totaling $3.5 billion, intended to...
The CEO speaks for the first time after Ca' de Sass's offer: we welcome the interest around Montepaschi but the standards for...
(Il Sole 24 Ore Radiocor) - Rome, 22 Jun - The board of Monte dei Paschi has conducted an analysis of developments after the Opas launched by...
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