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RPT — GRAPHIC — Intesa's MPS bid set to redraw Italian banking landscape

(Repeats story with no change to text) By Valentina Za MILAN, Oct 5 (Reuters) — Italy's Intesa Sanpaolo has sweetened its €34 billion ($38 billion) share-and-cash bid for Monte dei Paschi di Siena and won the backing of its target's main investor. But the bid by Italy's largest lender for the country's biggest mid-sized bank has stirred competition concerns after two years of sector consolidation. The next hurdle for Intesa is a decision by Italy's antitrust authority, which a person close to the matter said is due between the middle and end of November. Here's a look in five charts at the competitive structure of the euro zone's fourth-largest banking market. Antitrust Hurdle Italy's antitrust body is expected to eventually clear Intesa's acquisition of MPS with conditions. The authority, which last month opened an in-depth probe into the deal, declined to comment. Intesa has already agreed to sell half of MPS' branches, echoing a scheme it used in a 2020 deal that turned it into Italy's biggest bank. Of the 635 MPS branches it will sell, Intesa has irrevocably selected 445, while it can make changes to another 190 to help with any further antitrust problems. Intesa could have.

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