Skip to content
The Nexus
BUSINESSAug 21 · 05:29 UTCBLOOMBERGSonia Sirletti

Monte Paschi Offers to Buy BPM, Banca Generali for €34 Billion

Banca Monte dei Paschi di Siena SpA is seeking to buy two separate banks, BPM and Banca Generali, for a combined value of €34 billion ($40 billion). This move is intended to prevent the institution from being acquired by rival Intesa Sanpaolo SpA.

Nexus surfaces and summarizes. The full story lives at the source.

Mentioned
Banca Monte dei Paschi di Siena SpAorganizationIntesa Sanpaolo SpAorganizationBPMorganizationBanca GeneraliorganizationMonte Paschiorganizationbankingtopic
Spot something wrong with this article?Report a problem →
Forward this
Related Signal

Adjacent reporting