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Intesa Sanpaolo Could Reduce Threshold for MPS Takeover to Just Over 50%
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04:29 AM EST, 11/11/2026 (MT Newswires) -- Intesa Sanpaolo (ISP.MI) may consider lowering the threshold for its offer for Italian lender Banca Monte dei Paschi di Siena (BMPS.MI), or MPS, to 50% plus one share from 66.67%, the prospectus published Tuesday shows. The Italian bank is offering 1.25 euros in cash and 1.664 new Intesa shares per MPS share, with an acceptance period running from Nov. 24, 2026 to Jan. 22, 2027. The offer covers up to 3,037,594,735 MPS shares.
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