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Intesa Says Paschi Bid to Lapse If Holders Back Rival Deals

Intesa Sanpaolo SpA said its offer for Banca Monte dei Paschi di Siena SpA will lapse if Paschi shareholders back either of its proposed bids for Banco BPM SpA and Banca Generali SpA at an Oct. 29 meeting.

4 Oct 2026 2:12 am