Published Aug 21, 2026, 10:35 AM ET · Updated 3 months ago · 1 source

Italian bank turns the M&A tables with $40 billion bid

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Italian bank turns the M&A tables with $40 billion bid

Banca Monte dei Paschi di Siena has offered to buy rival Italian lenders Banco BPM and Banca Generali for a combined €34 billion in stock. The two offers aren't "conditionally linked," which means that either could happen without the other.