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Intesa Edges Closer to Paschi Deal After Swaying Key Investor
Source: Bloomberg
M&A & RestructuringBanking & Liquidity
Intesa Sanpaolo’s takeover offer for Banca Monte dei Paschi di Siena won the backing of Monte dei Paschi’s biggest shareholder. The support improves CEO Carlo Messina’s chances of completing what could be one of Italy’s largest bank deals ever; the article provides no offer value or timing.
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