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Monte dei Paschi Third-Quarter Profit Beats Analyst Forecasts

Italy's third-largest bank reported third-quarter profit above analyst expectations. Intesa Sanpaolo is preparing to launch a buyout offer for the bank.

BMPSI05808
SquawkNews Desk 3 updates Updated Nov 06, 2026, 07:25 AM UTC

Story updates

07:02:20 AM UTC
SquawkNews
Monte dei Paschi: Currently Analyzing Offer Launched by Intesa
07:02:56 AM UTC
SquawkNews
Monte dei Paschi: Expects to Complete Assessment of Intesa Offer in November
07:25:58 AM UTC
SquawkNews
Italy's antitrust authority has broadly accepted the measures proposed by Intesa Sanpaolo MILSEDEX:I05808 to address competition concerns related to its planned takeover of Monte dei Paschi di Siena (MPS) MIL:BMPS, daily la Repubblica reported on Thursday, citing sources.

Italy's third-largest bank, Monte dei Paschi di Siena (MPS) MIL:BMPS, on Friday beat analyst expectations with its third-quarter profit as larger rival Intesa Sanpaolo MILSEDEX:I05808 prepares to launch a buyout offer to take it over.

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