Intesa Sanpaolo Sweetens Monte dei Paschi Bid with €800 Million Cash

Key Facts

1Intesa Sanpaolo raised its takeover offer for Monte dei Paschi di Siena (MPS) on Saturday.

2Intesa offered to pay an additional €800 million in cash to shareholders if they reject MPS's counter plan.

3The bank warned it could drop the bid entirely if an agreement is not reached.

Intesa Sanpaolo raised its takeover offer for Monte dei Paschi di Siena (MPS) on Saturday, October 3, 2026. Reuters reported that Intesa offered to pay an additional €800 million in cash to shareholders if they reject MPS's internal counter plan. The bank warned it could drop the bid entirely if an agreement is not reached.

The move is an attempt to overcome resistance from MPS management and secure shareholder approval for the merger by sweetening the financial terms. Regarding market performance, IITSF closed at $7.45 on September 30, 2026, after trading between a day low of $7.45 and a high of $7.8.