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Monte dei Paschi launches twin takeover bids for Banca Generali and Banco BPM
Monte dei Paschi is launching twin takeover bids for Banca Generali and Banco BPM. This planned acquisition would establish a large Italian banking entity, estimated to be valued at approximately €70 billion.
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Adjacent reporting
- Monte Paschi Bids €34 Billion for BPM, Banca Generali
- Monte Paschi Offers to Buy BPM, Banca Generali for €34 Billion
- Intesa gatecrashes rival’s bid for Monte dei Paschi with €30.6bn offer
- Italian bank BPM proposes €50bn merger with Monte dei Paschi
- Paschi, Banco BPM Advisers Working on Deal With Cash Component