{"id":1979625,"date":"2026-06-08T12:15:14","date_gmt":"2026-06-08T09:15:14","guid":{"rendered":"https:\/\/analyse.optim.biz\/?p=1979625"},"modified":"2026-06-08T12:15:14","modified_gmt":"2026-06-08T09:15:14","slug":"intesa-sanpaolo-launches-bid-for-mps-bank-merger-set-for-december-2026","status":"publish","type":"post","link":"https:\/\/analyse.optim.biz\/?p=1979625","title":{"rendered":"Intesa Sanpaolo launches bid for Mps bank, merger set for December 2026"},"content":{"rendered":"<p>[analyse_image type=&#8221;featured&#8221; src=&#8221;https:\/\/static.euronews.com\/articles\/stories\/09\/34\/29\/37\/1200x675_cmsv2_3a540ca0-e029-57d3-9b0e-9799176f2c1f-9342937.jpg&#8221;]<\/p>\n<article id=\"abe-2900164-pos1-c-latest-stories\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2900164\" data-cid=\"9789338\" data-part-label=\"Partner content\">\n<figure id=\"abe-2900164-label-pos1-c-latest-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/78\/93\/38\/189x106_cmsv2_dc8c2519-ab88-514a-80a4-73f4434d5bf4-9789338.jpg\" loading=\"lazy\" alt=\"File - Stellantis will be among the first to supply at least 5,000 vehicles to Uber&apos;s robotaxi fleet. 28 Oct. 2025\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Economy<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Robotaxis are coming to Europe \u2014 and the EU wants to speed things up\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2900127-pos2-c-latest-stories\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2900127\" data-cid=\"9789189\" data-part-label=\"Partner content\">\n<figure id=\"abe-2900127-label-pos2-c-latest-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/78\/91\/89\/189x106_cmsv2_81c11a72-c18e-5935-8ff6-e05954dd3449-9789189.jpg\" loading=\"lazy\" alt=\"Road users cross a junction at the &apos;Leipziger Strasse&apos; (Leipzig Street) in Berlin, Germany, Thursday, June 10, 2021. \" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Europe News<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Seven EU countries push Brussels to stick to car emission rules\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2900192-pos3-c-latest-stories\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2900192\" data-cid=\"9789461\" data-part-label=\"Partner content\">\n<figure id=\"abe-2900192-label-pos3-c-latest-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/78\/94\/61\/189x106_cmsv2_57171557-798a-566e-a512-e52015e119d2-9789461.jpg\" loading=\"lazy\" alt=\"FILE - A Wizz Air Airbus A321 approaches for landing in Lisbon with the full moon in the background. Dec. 16, 2024. (AP Photo\/Armando Franca)\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Tech News<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Wizz Air announces Starlink wifi deal as other budget rivals hold back\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2900199-pos4-c-latest-stories\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2900199\" data-cid=\"9789493\" data-part-label=\"Partner content\">\n<figure id=\"abe-2900199-label-pos4-c-latest-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/78\/94\/93\/189x106_cmsv2_c5840a0c-7e33-5a92-82e9-a38969b0b82e-9789493.jpg\" loading=\"lazy\" alt=\"FILE: Houthi fighters march during a rally of support for the Palestinians in the Gaza Strip and against the US strikes on Yemen outside Sanaa, 22 January 2024\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Yemen<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Houthis join Iran war, threatening Red Sea trade amid Hormuz closure\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2900164-pos1-c-latest-stories-sidebar\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2\" data-nid=\"2900164\" data-cid=\"9789338\" data-part-label=\"Partner content\">\n<figure id=\"abe-2900164-label-pos1-c-latest-stories-sidebar\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/78\/93\/38\/189x106_cmsv2_dc8c2519-ab88-514a-80a4-73f4434d5bf4-9789338.jpg\" loading=\"lazy\" alt=\"File - Stellantis will be among the first to supply at least 5,000 vehicles to Uber&apos;s robotaxi fleet. 28 Oct. 2025\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Economy<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Robotaxis are coming to Europe \u2014 and the EU wants to speed things up\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2900127-pos2-c-latest-stories-sidebar\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2\" data-nid=\"2900127\" data-cid=\"9789189\" data-part-label=\"Partner content\">\n<figure id=\"abe-2900127-label-pos2-c-latest-stories-sidebar\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/78\/91\/89\/189x106_cmsv2_81c11a72-c18e-5935-8ff6-e05954dd3449-9789189.jpg\" loading=\"lazy\" alt=\"Road users cross a junction at the &apos;Leipziger Strasse&apos; (Leipzig Street) in Berlin, Germany, Thursday, June 10, 2021. \" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Europe News<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Seven EU countries push Brussels to stick to car emission rules\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2900192-pos3-c-latest-stories-sidebar\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2\" data-nid=\"2900192\" data-cid=\"9789461\" data-part-label=\"Partner content\">\n<figure id=\"abe-2900192-label-pos3-c-latest-stories-sidebar\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/78\/94\/61\/189x106_cmsv2_57171557-798a-566e-a512-e52015e119d2-9789461.jpg\" loading=\"lazy\" alt=\"FILE - A Wizz Air Airbus A321 approaches for landing in Lisbon with the full moon in the background. Dec. 16, 2024. (AP Photo\/Armando Franca)\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Tech News<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Wizz Air announces Starlink wifi deal as other budget rivals hold back\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2900199-pos4-c-latest-stories-sidebar\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2\" data-nid=\"2900199\" data-cid=\"9789493\" data-part-label=\"Partner content\">\n<figure id=\"abe-2900199-label-pos4-c-latest-stories-sidebar\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/78\/94\/93\/189x106_cmsv2_c5840a0c-7e33-5a92-82e9-a38969b0b82e-9789493.jpg\" loading=\"lazy\" alt=\"FILE: Houthi fighters march during a rally of support for the Palestinians in the Gaza Strip and against the US strikes on Yemen outside Sanaa, 22 January 2024\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Yemen<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Houthis join Iran war, threatening Red Sea trade amid Hormuz closure\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article class=\"helper-site-row o-article-newsy\">\n<div class=\"helper-site-container o-article-newsy__container\">\n<div class=\"o-article-newsy__main\">\n<header class=\"h-grid o-article-newsy__main__header\">\n<nav aria-label=\"Breadcrumbs\" class=\"c-article-breadcrumbs\">\n<div id=\"adb-article-breadcrumb\" class=\"c-article-breadcrumbs__list\">\n<p>                          Business<\/p>\n<p>                          Business<\/p><\/div>\n<\/nav>\n<h1 class=\"c-article-redesign-title\">\n                            Intesa Sanpaolo launches bid for Mps bank, merger set for December 2026<\/h1>\n<div class=\"c-article-image-video u-position-relative \">\n<div class=\"js-superdiv u-aspect-ratio-16x9 u-position-relative \" data-sponsored=\"Partner content\"><img fetchpriority=\"high\" decoding=\"async\" class=\"js-poster-img c-article-media__img\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/34\/29\/37\/1536x864_cmsv2_3a540ca0-e029-57d3-9b0e-9799176f2c1f-9342937.jpg\" width=\"1536\" height=\"864\" loading=\"eager\" alt=\"In this Sunday, Oct. 26, 2014, file photo, a branch of the Monte dei Paschi di Siena bank in Milan is seen.\"><\/div>\n<div class=\"c-article-caption u-position-absolute\"><i id=\"article-caption-content\" class=\"c-article-caption__content\"><span class=\"c-article-caption__text\"><br \/>\n              In this file photo dated Sunday 26 October 2014, a branch of the Monte dei Paschi di Siena bank is seen in Milan.<br \/>\n                    <span class=\"u-color-white\">&#8211;\u00a0<\/span><span class=\"c-article-caption__copyright\">Copyright\u00a0<\/span><span class=\"c-article-caption__credit\">AP Photo<\/span><\/span><\/i><\/div>\n<div class=\"c-article-image-copyright c-article-image-copyright--novideo\">\n      Copyright\u00a0AP Photo\n  <\/div>\n<\/div>\n<\/header>\n<div class=\"h-grid o-article-newsy__main__body u-article-content\">\n<div class=\"o-article-newsy__contributors-publication-date\">\n<div class=\"c-article-contributors\">\n  By&amp;nbspCecilia Attanasio Ghezzi&amp;nbsp&amp;&amp;nbsp<b>Gabriele Barbati<\/b><\/div>\n<div class=\"c-article-publication-date\" data-timestamp=\"1780920914\">\n         Published on<br \/>\n            <time datetime=\"2026-06-08 14:15:14 +02:00\">08\/06\/2026 &#8211; 14:15 GMT+2<\/time><\/div>\n<\/div>\n<div class=\"c-article-partage-commentaire u-align-items-center u-display-flex\"><span class=\"c-article-partage-commentaire__links u-align-items-center u-display-flex u-justify-content-center js-c-article-partage-commentaire-share\"><span>Share<\/span><\/span><span>Comments<\/span><\/div>\n<div class=\"c-article-partage-commentaire-popup-overlay 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height=\"24\" alt=\"threads\" loading=\"lazy\"><span>Threads<\/span><\/span><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-threads.svg\" width=\"48\" height=\"48\" alt=\"threads\" class=\"u-show-for-desktop\" loading=\"lazy\"><span class=\"u-display-flex u-gap-1 u-show-for-mobile-only\"><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-whatsapp.svg\" width=\"24\" height=\"24\" alt=\"whatsapp\" loading=\"lazy\"><span>Whatsapp<\/span><\/span><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-whatsapp.svg\" width=\"48\" height=\"48\" alt=\"whatsapp\" class=\"u-show-for-desktop\" loading=\"lazy\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<h2 class=\"c-article-summary\">\n        Within 24 hours of Banco BPM\u2019s merger bid, Intesa Sanpaolo launches a full public offer for Monte dei Paschi di Siena. If approved, the deal would create Europe\u2019s second-largest banking group.<br \/>\n    <\/h2>\n<div class=\"c-article-content c-article-content--business js-article-content\">\n<p>New round in the banking consolidation game. <strong>Intesa Sanpaolo, together with Unipol<\/strong>, a move that will also have repercussions for its investee <strong>Bper<\/strong>, on Monday launched a public purchase and exchange offer (OPAS) worth <strong>30.6 billion euros<\/strong> for the entire share capital of the Monte dei Paschi di Siena (MPS) banking group, in which the Italian state still holds a small stake through the Economy Ministry.<\/p>\n<div>\n<div class=\"c-ad u-show-for-mobile-only\">\n<div class=\"c-ad__placeholder\"><img decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt loading=\"lazy\"><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<div class=\"c-ad u-show-for-desktop\">\n<div class=\"c-ad__placeholder\"><img decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt loading=\"lazy\"><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<\/div>\n<p><strong>Unipol will propose to Bper<\/strong>, of which it is the main shareholder, a merger with the Siena branches, from which a post-merger group would be created under the name <strong>Banca Monte dei Paschi<\/strong>. To support the deal, a <strong>capital increase<\/strong> at Unipol Assicurazioni of up to 2.5 billion euros is planned.<\/p>\n<p>If the transaction goes through, Intesa Sanpaolo would become <strong>the second-largest banking group in Europe by stock market value<\/strong>, in yet another shake-up of the Italian and European banking landscape.<\/p>\n<p>MPS completed in December the acquisition of Mediobanca, which controls part of insurance giant Generali, after months of bids and negotiations that again involved BPM and UniCredit, and also sparked an exchange between the Italian government and the European Commission.<\/p>\n<div class=\"c-widget-related\" data-stories-id data-event=\"widget_related\">\n<div class=\"c-widget-related__title\"><b class=\"c-widget-related__title__text\" lang=\"en\">Related<\/b><\/div>\n<ul class=\"c-widget-related__list\">\n<li class=\"c-widget-related__item\">European Commission challenges Italy over &#8216;golden power&#8217; on mergers<\/li>\n<\/ul>\n<\/div>\n<h2>What is BPM&#8217;s competing offer?<\/h2>\n<p>With this move Intesa and Unipol upend the plans of Banco BPM, which on Sunday submitted to MPS a friendly proposal for a merger of equals.<\/p>\n<p>The aim of Banco BPM&#8217;s proposal \u2013 and therefore also of French group <strong>Cr\u00e9dit Agricole<\/strong>, which holds 20.1% \u2013 is to create a major banking group capable of <strong>breaking the current de facto duopoly<\/strong> on the Italian market, made up of Intesa Sanpaolo and UniCredit.<\/p>\n<p>&#8220;The <strong>chances of success<\/strong> for a suitor who thinks he can win over his beloved simply by sending her a letter are slim,&#8221; <strong>commented Unipol chairman Carlo Cimbri<\/strong>, referring to BPM&#8217;s intentions during the press conference in Milan presenting the strategic project with Intesa Sanpaolo on MPS.<\/p>\n<p>For the Milan-based bank it will in any case be harder to pursue this strategy, since Intesa&#8217;s OPAS blocks transactions and alternative offers on Monte dei Paschi under the so-called <em>passivity rule<\/em>, which bans them for the duration of the offer, <strong>which must be completed by December 2026.<\/strong><\/p>\n<h2>The merger to become Europe&#8217;s second-largest banking group<\/h2>\n<p>According to a reconstruction by <em>Corriere della Sera<\/em><em>(source in Italian)<\/em>, on 10 September Intesa Sanpaolo will call an extraordinary shareholders&#8217; meeting to vote on a <strong>5.7-billion-euro capital increase<\/strong> for the issue of ordinary shares backing the transaction, which envisages Intesa taking over the legal entity of MPS, Mediobanca and its businesses.<\/p>\n<p><strong>Unipol will thus acquire 635 Monte dei Paschi branches<\/strong>, 55 billion euros in direct funding, loans to customers of around 42 billion, with profit of between 400 million and 460 million, and brings with it risk-weighted assets of up to 20 billion, the MPS brand and around 2 million customers. <\/p>\n<p><strong>At this point in the plan Bper will come into play<\/strong>, with Unipol proposing a combination with the &#8220;new&#8221; MPS and a change of name of the new entity to <strong>Banca Monte dei Paschi<\/strong>.<\/p>\n<p>To carry out the transaction, <strong>Unipol<\/strong> will submit to an as yet unscheduled extraordinary general meeting a proposal to authorise the board of directors to increase the share capital by up to 2.5 billion euros. <\/p>\n<p>The merger is expected to <strong>be completed in December<\/strong> and, according to the plans, will allow the new banking group to further strengthen its &#8220;support for the real and social economy as a European leader&#8221;.<\/p>\n<\/div>\n<div id=\"adb-c-mention-original-translation\" class=\"c-mention-original-translation c-mention-original-translation--business\">\n<aside>This text was translated with the help of artificial intelligence and originally published in\u00a0<a href>Italian<\/a><\/aside>\n<\/div>\n<p>                          Go to accessibility shortcuts<\/p>\n<div class=\"c-article-partage-commentaire u-align-items-center u-display-flex\"><span class=\"c-article-partage-commentaire__links u-align-items-center u-display-flex u-justify-content-center js-c-article-partage-commentaire-share\"><span>Share<\/span><\/span><span>Comments<\/span><\/div>\n<div id=\"adb-article-you-might-also-like\" class=\"perf-cv-auto c-article-you-might-also-like\">\n<h2 class=\"c-article-you-might-also-like__title\">\n        Read more<br \/>\n      <\/h2>\n<div class=\"c-article-you-might-also-like__container\">\n<article id=\"abe-2840553-pos0-c-article-you-might-also-like__item\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2840553\" data-cid=\"9522239\" data-part-label=\"Partner content\">\n<figure id=\"abe-2840553-label-pos0-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img 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class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/08\/78\/46\/48\/480x270_cmsv2_abda2adb-821e-5271-acdf-18bd8ce0aee7-8784648.jpg\" loading=\"lazy\" alt=\"Italian Prime Minister Giorgia Meloni\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Italy<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    Italian banker accused of hacking 3,500 accounts, including Meloni&#8217;s<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2900143-pos2-c-article-you-might-also-like__item\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2900143\" data-cid=\"9789382\" data-part-label=\"Partner content\">\n<figure id=\"abe-2900143-label-pos2-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/34\/29\/37\/480x270_cmsv2_3a540ca0-e029-57d3-9b0e-9799176f2c1f-9342937.jpg\" loading=\"lazy\" alt=\"In this Sunday, Oct. 26, 2014, file photo, a branch of the Monte dei Paschi di Siena bank in Milan is seen.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Business<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    Intesa launches bid for MPS, would become Europe&#8217;s No 2 bank<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<\/div>\n<\/div>\n<div class=\"perf-cv-auto\">\n<ul id=\"adb-article-tags\" class=\"c-tags-list\">\n<li class=\"c-tags-list__item\">\n<section class=\"tc-cta\" data-twig-component=\"Cta-default\">\n  Banking<br \/>\n<\/section>\n<\/li>\n<li class=\"c-tags-list__item\">\n<section class=\"tc-cta\" data-twig-component=\"Cta-default\">\n  Italy<br \/>\n<\/section>\n<\/li>\n<li class=\"c-tags-list__item\">\n<section class=\"tc-cta\" data-twig-component=\"Cta-default\">\n  Europe<br \/>\n<\/section>\n<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<aside class=\"o-article-newsy__aside\">\n<div class=\"c-ad-wrapper o-article-newsy__aside__content-1\" data-ad-name=\"adzone-halfpage\">\n<div class=\"c-ad c-ad-halfpage u-show-for-desktop\">\n<div class=\"c-ad__placeholder\"><img loading=\"lazy\" decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<div class=\"c-ad u-show-for-mobile-only\">\n<div class=\"c-ad__placeholder\"><img loading=\"lazy\" decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<\/div>\n<div id=\"adb-article-top-stories\" class=\"perf-cv-auto c-top-stories\">\n<h2 class=\"c-top-stories__title\">Top stories<\/h2>\n<div class=\"c-top-stories__item\">\n<article id=\"abe-2900164-pos2-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2900164\" data-cid=\"9789338\" data-part-label=\"Partner content\">\n<figure id=\"abe-2900164-label-pos2-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/78\/93\/38\/320x180_cmsv2_dc8c2519-ab88-514a-80a4-73f4434d5bf4-9789338.jpg\" loading=\"lazy\" alt=\"File - Stellantis will be among the first to supply at least 5,000 vehicles to Uber&apos;s robotaxi fleet. 28 Oct. 2025\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Robotaxis are coming to Europe \u2014 and the EU wants to speed things up<br \/>\n  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tower at the Porta Nuova business district in Milan, Italy.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Markets<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    Italy&#8217;s UniCredit sees record profits as Commerzbank advance drags on<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2651862-pos1-c-article-you-might-also-like__item\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2651862\" data-cid=\"8784644\" data-part-label=\"Partner content\">\n<figure id=\"abe-2651862-label-pos1-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/08\/78\/46\/48\/480x270_cmsv2_abda2adb-821e-5271-acdf-18bd8ce0aee7-8784648.jpg\" loading=\"lazy\" alt=\"Italian Prime Minister Giorgia Meloni\" height=\"9\" width=\"16\"><\/figure>\n<div 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id=\"abe-2899767-pos4-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--has-related the-media-object--no-label\" data-nid=\"2899767\" data-cid=\"9787618\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Google rents SpaceX\/AI supercomputers for $920M a month<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2900026-pos5-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--has-related the-media-object--no-label\" data-nid=\"2900026\" data-cid=\"9788574\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Oil prices rise as Iran and Israel trade strikes in defiance of Trump<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<div class=\"articleBody\" data-key=\"articleBody\">New round in the banking consolidation game. Intesa Sanpaolo, together with Unipol, a move that will also have repercussions for its investee Bper, on Monday launched a public purchase and exchange offer (OPAS) worth 30.6 billion euros for the entire share capital of the Monte dei Paschi di Siena (MPS) banking group, in which the Italian state still holds a small stake through the Economy Ministry.Unipol will propose to Bper, of which it is the main shareholder, a merger with the Siena branches, from which a post-merger group would be created under the name Banca Monte dei Paschi. To support the deal, a capital increase at Unipol Assicurazioni of up to 2.5 billion euros is planned.If the transaction goes through, Intesa Sanpaolo would become the second-largest banking group in Europe by stock market value, in yet another shake-up of the Italian and European banking landscape.MPS completed in December the acquisition of Mediobanca, which controls part of insurance giant Generali, after months of bids and negotiations that again involved BPM and UniCredit, and also sparked an exchange between the Italian government and the European Commission.What is BPM&#8217;s competing offer?With this move Intesa and Unipol upend the plans of Banco BPM, which on Sunday submitted to MPS a friendly proposal for a merger of equals.The aim of Banco BPM&#8217;s proposal \u2013 and therefore also of French group Cr\u00e9dit Agricole, which holds 20.1% \u2013 is to create a major banking group capable of breaking the current de facto duopoly on the Italian market, made up of Intesa Sanpaolo and UniCredit.&#8221;The chances of success for a suitor who thinks he can win over his beloved simply by sending her a letter are slim,&#8221; commented Unipol chairman Carlo Cimbri, referring to BPM&#8217;s intentions during the press conference in Milan presenting the strategic project with Intesa Sanpaolo on MPS.For the Milan-based bank it will in any case be harder to pursue this strategy, since Intesa&#8217;s OPAS blocks transactions and alternative offers on Monte dei Paschi under the so-called passivity rule, which bans them for the duration of the offer, which must be completed by December 2026.The merger to become Europe&#8217;s second-largest banking groupAccording to a reconstruction by Corriere della Sera (source in Italian), on 10 September Intesa Sanpaolo will call an extraordinary shareholders&#8217; meeting to vote on a 5.7-billion-euro capital increase for the issue of ordinary shares backing the transaction, which envisages Intesa taking over the legal entity of MPS, Mediobanca and its businesses.Unipol will thus acquire 635 Monte dei Paschi branches, 55 billion euros in direct funding, loans to customers of around 42 billion, with profit of between 400 million and 460 million, and brings with it risk-weighted assets of up to 20 billion, the MPS brand and around 2 million customers.\u00a0At this point in the plan Bper will come into play, with Unipol proposing a combination with the &#8220;new&#8221; MPS and a change of name of the new entity to Banca Monte dei Paschi.To carry out the transaction, Unipol will submit to an as yet unscheduled extraordinary general meeting a proposal to authorise the board of directors to increase the share capital by up to 2.5 billion euros.\u00a0The merger is expected to be completed in December and, according to the plans, will allow the new banking group to further strengthen its &#8220;support for the real and social economy as a European leader&#8221;.\u00a0<\/div>\n<p>[analyse_source url=&#8221;https:\/\/www.euronews.com\/business\/2026\/06\/08\/intesa-sanpaolo-launches-bid-for-mps-bank-merger-set-for-december-2026&#8243;]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[analyse_image type=&#8221;featured&#8221; src=&#8221;https:\/\/static.euronews.com\/articles\/stories\/09\/34\/29\/37\/1200x675_cmsv2_3a540ca0-e029-57d3-9b0e-9799176f2c1f-9342937.jpg&#8221;] Economy Robotaxis are coming to Europe \u2014 and the EU wants to speed things up Europe News Seven EU countries push Brussels to stick to car emission rules Tech News Wizz Air announces Starlink wifi deal as other budget rivals hold back Yemen Houthis join Iran war, threatening Red Sea trade amid [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[90],"tags":[226,36],"class_list":["post-1979625","post","type-post","status-publish","format-standard","hentry","category-international","tag-crawlmanager","tag-euronews-com"],"_links":{"self":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/1979625","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1979625"}],"version-history":[{"count":0,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/1979625\/revisions"}],"wp:attachment":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1979625"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1979625"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1979625"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}