Monte dei Paschi profit rises as Intesa readies takeover offer

Briefing by News4U · First published 2026-11-06 09:21:29 UTC

Monte dei Paschi di Siena posted third-quarter net profit of €543 million, above the €533 million consensus, with revenue reaching €2 billion. Intesa Sanpaolo is preparing to launch a €34 billion cash-and-share takeover bid, having raised its offer and secured support from MPS’s largest shareholder, the Del Vecchio family. Intesa plans to begin the tender phase in the week of November 23. [1] [2] [3]

Sources

1. Monte dei Paschi Profit Rises as Intesa Takeover Looms

   WSJ Business · 2026-11-06 07:59:00 UTC · Summary only

2. Monte dei Paschi Profit Rises as Intesa Takeover Looms

   WSJ Markets · 2026-11-06 07:59:00 UTC · Summary only

3. Monte dei Paschi's profit beats forecasts

   RTÉ Business · 2026-11-06 08:59:25 UTC · Full text

Link to this briefing · Back to news