Consob approves offer document for Intesa Sanpaolo's bid for Monte dei Paschi di Siena
Bitget2026/11/08 19:29- Consob cleared the offer document and EU follow-on prospectus for Intesa Sanpaolo's acquisition of all Banca Monte dei Paschi di Siena shares.
- The acceptance period runs from November 24, 2026, through January 22, 2027, unless extended.
- Consideration comprises EUR 1.25 in cash and 1.664 newly issued Intesa shares for each MPS share.
- Settlement is scheduled for January 29, 2027, subject to the offer conditions being met or waived.
- A potential reopening would run February 1-5, 2027, with settlement on February 12, unless the initial acceptance period is extended.
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