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Intesa Plans to Start Monte Paschi Bid in Last Week of November
Source: Bloomberg
M&A & RestructuringBanking & Liquidity
Intesa Sanpaolo plans to launch a €33 billion ($37 billion) takeover bid for rival Banca Monte dei Paschi di Siena by the end of this month, according to people familiar with the matter. The article provides no further details on the bid’s terms or expected market reaction.
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