Monte dei Paschi di Siena is actively seeking to raise capital through a buyout offer while simultaneously working to defend against a takeover bid from Intesa Sanpaolo.
1 report, 1 independent
Updated Sep 14
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What happened
Monte dei Paschi di Siena is actively seeking to raise capital through a buyout offer while simultaneously working to defend against a takeover bid from Intesa Sanpaolo.
How it developed
Newest first. Tap a step to see who reported it.- Giancarlo Giorgetti stated that Italy will abstain from a vote concerning Monte dei Paschi di Siena.Sub-event
MPS uses buyout offer to raise capital and fend off Intesa's takeover bid.1 source