Monte Paschi Investors Reject Banco BPM Bid in Win For Intesa

Monte Paschi shareholders voted against a 25 billion euro acquisition of Banco BPM on February 18, 2026, according to the company. CEO Luigi Lovaglio had proposed the deal as an alternative to a takeover bid from Intesa Sanpaolo. Intesa Sanpaolo, Italy's largest bank by assets, had previously made an offer to acquire Monte Paschi.

• Bloomberg — Monte Paschi Investors Reject Banco BPM Bid in Win For Intesa

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