Intesa Sanpaolo proceeds with Monte dei Paschi bid after shareholder vote

By Public Technologies07:39 (UTC), 30 October 2026 Updated

Intesa Sanpaolo is proceeding with its offer for all MPS ordinary shares following the October 29, 2026, shareholder meeting.
MPS shareholders rejected proposed acquisitions of Banco BPM and Banca Generali, as well as a capital reduction supporting an extraordinary distribution.
The bidder waived a condition tied to the MPS-Mediobanca merger, allowing its offer to proceed despite shareholders rejecting the merger.
Completion could trigger an offer for Mediobanca ordinary shares not held by MPS or the bidder, subject to applicable conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Intesa Sanpaolo S.p.A. published the original content used to generate this news brief via SDIR, the Italian regulatory disclosure system (Ref. ID: 0033-306-2026_TELEBORSA.pdf), on October 30, 2026, and is solely responsible for the information contained therein.