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Intesa says MPS takeover offer not expected to face Consob hurdles

Intesa Sanpaolo says its buyout offer for Monte dei Paschi di Siena is not expected to be hampered by defence bids or by clarifications sought by Italy’s markets watchdog, a person close to the matter said.

BAMIBMPSI05808

Intesa Sanpaolo MILSEDEX:I05808 does not expect its buyout offer for Monte dei Paschi di Siena MIL:BMPS to be hampered by defence bids mounted by its takeover target or by clarifications sought by Italy's markets watchdog, a person close to the matter said.Italian daily La Stampa reported on Tuesda…