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The World's Oldest Bank May Repel the Approach of Intesa Sanpaolo

Summary by Portfolio
According to Il Sole 24 Ore, Monte dei Paschi di Siena (MPS) CEO Luigi Lovaglio is working on two share exchange offers for Banco BPM and Banca Generali to fend off a takeover attempt by Intesa Sanpaolo, Reuters reports.
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2 Articles

Monte dei Paschi counterattack, Lovaglio takes Siena's moves to the top. But without the consent of Crédit Agricole and Leone the road is uphill

·Bologna, Italy
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According to Il Sole 24 Ore, Monte dei Paschi di Siena (MPS) CEO Luigi Lovaglio is working on two share exchange offers for Banco BPM and Banca Generali to fend off a takeover attempt by Intesa Sanpaolo, Reuters reports.

·Budapest, Hungary
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Portfolio broke the news in Budapest, Hungary on Wednesday, August 19, 2026.
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