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Bid by Italy's Intesa Bank to Take over MPS Gets Boost

Summary by France24
After raising its offer for MPS, the world's oldest bank, to 31 billion euros ($35 billion) on Saturday, Intesa secured the decisive backing of Delfin, the holding company of the Del Vecchio family, which owns 17.6 percent of MPS. On Thursday, the holding company of construction magnate Francesco Gaetano Caltagirone, which holds 13.5 percent, said it would oppose a rival plan that has been put forward by MPS management. Under that proposal, MPS …

29 Articles

Center

The cards, Intesa Sanpaolo, put them all on the table. It will now be the markets, the big partners and the shareholders' funds, judging the ?clearness? operation decided by the ...

·Rome, Italy
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Lean Left

Meeting of shareholders on the risiko, official decision on the evening of yesterday

·Turin, Italy
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Center

Delfin towards the support of the Opas of Ca' de Sass. Waiting for the reaction of Siena (ANSA)

·Rome, Italy
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Lean Right

The Board of Directors of the Delfin holding company meeting yesterday examined the Mps dossier. According to Sun 24 Hours, the Board of Luxembourg had decided to vote against the...

·Milan, Italy
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  • 67% of the sources are Center
67% Center

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Policy Maker broke the news on Saturday, October 3, 2026.
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