The offer for Banco BPM values the lender at €25.3bn, while the bid for Banca Generali values it at €8.7bn.

Monte dei Paschi clears €34 billion twin bid for Banco BPM and Banca Generali to fend off Intesa Sanpaolo, creating a stronger, bigger €80 billion Italian bank.View on euronews

The all-share bids for Banco BPM and Banca Generali comes as Monte dei Paschi fights off a takeover offer from Intesa Sanpaolo.

Banca Monte dei Paschi di Siena said it is launching all-share bids for Italian peers Banco BPM and Banca Generali with a total value of $39.73 billion.

Investing.com -- Monte dei Paschi di Siena is preparing twin all-share takeover bids for Banco Bpm SpA (BIT:BAMI) and Banca Generali (BIT:BGN) as it seeks to block an unsolicited acquisition attempt by Intesa Sanpaolo, according to a report from the Financial Times. A majority of the board at the Tuscan lender has backed the plan, which aims to forge an enlarged financial group boasting a combined market capitalization of approximately €70 billion. Under the proposed structure, MPS would launch

CEO Luigi Lovaglio's plan aims to bolster MPS and fend off Intesa Sanpaolo's 30.5-billion-euro Opas. Approved with nine votes in favour and four abstentions.View on euronews

Why the latest earnings matter for Banca Monte dei Paschi di Siena stock Banca Monte dei Paschi di Siena (BIT:BMPS) is in focus after reporting second quarter 2026 net income of €610.2 million, with six month net income at €1,117.8 million, both above the prior year figures. For investors watching the stock, these earnings numbers provide a fresh snapshot of profitability ahead of the Q2 2026 earnings call held on 7 August 2026. See our latest analysis for Banca Monte dei Paschi di Siena. On...

The insurer has reached an agreement to purchase a business made up of about 635 MPS branches.

Banca Monte dei Paschi di Siena (BMDPF) posts EUR1.1 billion H1 net profit, raises 2026 guidance to EUR3.6 billion, and advances Mediobanca integration while navigating strategic options.

The Italian bank said that it is analyzing, together with advisors, its strategic options as rival Intesa Sanpaolo proceeds with a $35 billion takeover bid.

The French bank preferred combining Banco BPM with its own Italian operations over merging the two Italian lenders.

BPM said Friday that conditions for reaching an agreement with Monte dei Paschi hadn’t been met nearly two months after it sent its proposal, and that its board decided to discontinue discussions regarding a potential combination. Monte dei Paschi acknowledged the move and said it remained focused on the implementation of its business plan and the integration of recently acquired Mediobanca while continuing to evaluate any strategic option in the interest of its shareholders. Monte dei Paschi last year bought Mediobanca, while UniCredit —which is nearly two years into an effort to take over Germany’s Commerzbank —first proposed to buy BPM and later withdrew its bid.

(Bloomberg) -- Leonardo Del Vecchio built one of Europe’s great business fortunes and tried to ensure it would survive him intact. Instead, family turmoil threatens to unravel his more than €40 billion ($46 billion) legacy. Most Read from BloombergStocks Fall as 30-Year Bond Yields Surge After Fed: Markets WrapWarner Bros. Deal Collapse Would Cost the Ellisons $9.8 BillionTrump Says US Will Strike Iran Hard as War Escalates AgainMeta’s Zuckerberg Defends AI Bets to Skeptical InvestorsUS Intercep

The lender said that it now expects this year’s net profit to exceed €10 billion, equivalent to $11.39 billion, after having previously guided for a result around €10 billion.

The lender said the offer appears below the average level of premia for similar Italian banking transactions.

Giorgetti said last month that an accelerated bookbuilding procedure would be "one of the best solutions" for lowering the state’s stake in MPS.