Bank
Appears in 1 story · Last updated Nov 3, 2026
ECB approved the takeover; MPS shareholders rejected a defense plan on October 29; awaiting Consob and antitrust approval.
Monte dei Paschi di Siena shareholders rejected CEO Luigi Lovaglio's defense plan on October 29, clearing the way for Intesa Sanpaolo's €33 billion takeover of the world's oldest bank. About 91% of votes cast opposed the rival offers for Banco BPM and Banca Generali.
Updated Nov 3
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