Mergers & AcquisitionsMediumUpdated•Originally published 5 October 2026•Updated 5 October 2026•
1 min read
Intesa Sanpaolo Raises MPS Takeover Bid to €31.4 Billion
Key Facts
1The largest shareholder in Monte dei Paschi di Siena (MPS) has agreed to accept an improved takeover offer from Intesa Sanpaolo.
2The proposed takeover bid by Intesa Sanpaolo is valued at approximately €35 billion.
Intesa Sanpaolo increased its takeover bid for Monte dei Paschi di Siena (MPS) to 31.4 billion euros. Reuters reported that the sweetened offer is an increase from the previous valuation of 30.6 billion euros. The largest shareholder in MPS has agreed to accept the revised terms to move the deal forward.
The upward revision in the bid value aims to facilitate the merger and consolidate the Italian banking sector. The backing from the top investor for the updated terms signals significant progress in Intesa Sanpaolo's efforts to acquire the historic Italian lender, strengthening the path toward a structural integration of the two major institutions.