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News 2026-10-12 20:35 UTC

Italy's MPS says question marks remain over higher Intesa bid

MILAN, Oct 12 (Reuters) — Italian bank Monte dei Paschi di Siena (MPS) on Monday said suitor Intesa Sanpaolo's sweetened takeover offer leaves MPS investors exposed to several uncertainties, while forcing them to ditch a possible alternative plan. Intesa on October 3 pledged to pay MPS shareholders a further €800 milli