Intesa Sanpaolo announces a voluntary takeover bid on MPS
The €30.6 billion offer includes 16 ISP shares for every 10 MPS shares plus €1 and includes the transfer of 635 branches to Unipol; expected synergies €2.9 billion.
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Italian banking and financial services group
intesasanpaolo.comLast updated
In short: Intesa Sanpaolo launched a €30.6 billion bid for Banca Monte dei Paschi di Siena and reported a record €2.8 billion net profit for Q1 2026.
The €30.6 billion offer includes 16 ISP shares for every 10 MPS shares plus €1 and includes the transfer of 635 branches to Unipol; expected synergies €2.9 billion.
Participates in £825m financing for the development of renewable projects in the United Kingdom, accelerating solar capacity by 1 GW.
The net profit for the 1st quarter is €2.8 billion and net operating income €7.2 billion. The 2026 guidance remains around €10 billion.
Presents 2025 earnings, capitalization growth and objectives of the 2026–2029 Plan.
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