
Banco BPM Proposes Merger with Monte dei Paschi to Create Italy's Second-Largest Bank
Banco BPM has invited Monte dei Paschi di Siena (MPS) to merger talks, aiming to create Italy's second-largest banking group. The proposed merger would form a new entity with an estimated value of €50-58 billion.
The Story
Analyzing sources…
Source Diversity
Source Diversity
Moderate (46/100)Sources
Italian bank BPM proposes €50bn merger with Monte dei Paschi
Planned combination of ‘equals’ is latest attempt at banking consolidation in the country
Read full article →Banco BPM invites MPS to $58 billion merger talks to form Italy's second-biggest bank
The announcement could kick-off a second wave of dealmaking in Italian banking after a burst of M&A activity last year.
Read full article →


