Intesa Sanpaolo, Italy's largest banking group, launched an unsolicited offer of 30.6 billion euros in cash and shares to take over rival bank Monte Dei Paschi Di Siena (MPS), Reuters reports, according to Agerpres. MPS, a bank that the Italian state rescued in 2017 and reprivatized in 2023-2024, has become a central player in the consolidation of the Italian banking sector after buying Mediobanca, in the first wave of mergers that took place last year. The deal turned MPS into the largest

Tag-uri: Italia