Tag: $Banca Monte dei Paschi di Siena

Monte Paschi shares jump 11% after Intesa Sanpaolo’s €30.6 bln takeover bid

Banca Monte dei Paschi di Siena shares surged as much as 11.46% in Milan trading after Italy’s largest bank Intesa Sanpaolo unveiled a €30.6 billion takeover bid for the Tuscan lender, a deal that would create one of Europe’s biggest financial groups.