
Business
Italy's Intesa launches Monte dei Paschi takeover bid
Italy's biggest banking group Intesa Sanpaolo said today it was launching a €30.6 billion unsolicited cash-and-share bid to buy rival lender Monte Dei Paschi Di Siena (MPS).

Italy's biggest banking group Intesa Sanpaolo said today it was launching a €30.6 billion unsolicited cash-and-share bid to buy rival lender Monte Dei Paschi Di Siena (MPS).