Italy's competition authority opens probe into Intesa's bid for Monte dei Paschi
Italy's competition authority said on Tuesday it had opened an investigation into the bid by Intesa Sanpaolo MILSEDEX:I05808, Italy's largest bank, to take over smaller peer Monte dei Paschi di Siena MIL:BMPS.The antitrust body said its probe was aimed at verifying possible effects of the bid "on c…
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