Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Politics › Intesa Plans to Start Monte Paschi Bid in Last Week of November
Politics

Intesa Plans to Start Monte Paschi Bid in Last Week of November

Bloomberg Markets Monday 02 November 2026, 13:08 UTC By Sonia Sirletti 1 min read
Key Points

EXCLUSIVE Deals Intesa Plans to Start Monte Paschi Bid in Last Week of November Intesa Sanpaolo SpA plans to launch its €33 billion ($37 billion) takeover bid for rival Banca Monte dei Paschi di Siena SpA by the end of this month, according to people familiar with the matter. Intesa plans to start the offer in the week of Nov. 23, the people said, asking not to be identified because the plans aren’t public. The timetable could still change.

EXCLUSIVE Deals Intesa Plans to Start Monte Paschi Bid in Last Week of November Intesa Sanpaolo SpA plans to launch its €33 billion ($37 billion) takeover bid for rival Banca Monte dei Paschi di Siena SpA by the end of this month, according to people familiar with the matter. Intesa plans to start the offer in the week of Nov. 23, the people said, asking not to be identified because the plans aren’t public. The timetable could still change. A spokesperson for Intesa declined to comment.
Intesa Plans (ORG) Monte Paschi Bid (ORG) Intesa Sanpaolo SpA (ORG) Banca Monte dei Paschi di Siena SpA (ORG) Intesa (ORG)
Originally published by Bloomberg Markets Read original →

Related Stories

Lamar Jackson out again? Zero completions for Baker Mayfield? Let's make sense of a weird Week 8

What looked like a relatively quiet set of Sunday games in NFL Week 8 turned into something much more unexpectedly dramatic and substantial. The day started with a franchise- and season-altering injury, as Lamar Jackson suffered a thumb injury on his first snap of the game against the Bills, turning the most anticipated matchup of the afternoon into a one-sided blowout. By the end of the early slate, eight teams had scored 30 or more points, two games had gone to overtime and one team won in...

ESPN 14m ago

Vietnam scraps child organ donors proposal after backlash

Vietnam scraps child organ donors proposal after backlash HANOI: Vietnam withdrew on Monday (Nov 2) a proposal allowing children aged 15 to 17 to donate their organs after death following public criticism in a country where deceased donor transplants remain limited. The Southeast Asian country began kidney transplants in 1992 and performs the most annual transplants in the region, according to state media.

Channel News Asia 20m ago

UK Spent Record £561 Million to Balance Power Grid in October

Energy UK Spent Record £561 Million to Balance Power Grid in October The UK spent more than £561 million ($753 million) to balance the power grid in October, as soaring gas prices and bottlenecks in the country’s aging network pushed up the cost of keeping the lights on. The record bill highlights an increasingly expensive flaw in Britain’s energy transition. The nation is adding wind capacity faster than the grid can move the power to where it’s needed.

Bloomberg Markets 23m ago

Former transport minister used phone while driving

The former Tory government transport minister says he "deeply regrets" his actions.

BBC UK 38m ago