Intesa Sanpaolo proceeds with MPS takeover after shareholders reject defensive plan, waives Mediobanca merger condition

Intesa Sanpaolo announced it is continuing its voluntary public tender and exchange offer for Monte dei Paschi di Siena after MPS shareholders rejected CEO Lovaglio's defensive plan. Intesa formally waived the condition linked to a merger with Mediobanca, keeping the offer valid.

Detected & updated continuously · Source: Nebula