Mergers & AcquisitionsMedium•11 November 2026•
1 min read
Intesa Sanpaolo May Lower Monte dei Paschi Takeover Threshold to 50%
Key Facts
1Intesa Sanpaolo is reportedly considering lowering the acceptance threshold for its tender and exchange offer for Banca Monte dei Paschi di Siena to just over 50%.
Intesa Sanpaolo is reportedly considering lowering the acceptance threshold for its tender and exchange offer for Banca Monte dei Paschi di Siena to just over 50%. Benzinga reported that the move is intended to increase the probability of the takeover's success by making the deal's completion contingent on a simple majority of shareholder approval.
BMDPF closed at $12.11 on November 9, 2026, while IITSF closed at $7.19 on November 10, 2026. This tactical adjustment to the existing deal terms reflects efforts to secure the merger within the Italian banking sector.