Intesa Sanpaolo Secures ECB Approval to Acquire Control of Monte dei Paschi di Siena
Bitget2026/10/27 19:37- Intesa Sanpaolo received European Central Bank authorization on October 27, 2026, to acquire control of Banca Monte dei Paschi di Siena.
- The authorization also covers indirect control of banking subsidiaries, including Mediobanca, alongside an indirect qualifying stake in Banca Progetto.
- The Bank of Italy separately authorized indirect controlling and qualifying stakes in MPS-linked financial services companies.
- The acquisition offer for all MPS ordinary shares was first disclosed on June 8, 2026.
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