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BPM moved on MPS as Intesa, BPER also weighing moves, sources say
BPM moved on MPS as Intesa, BPER also weighing moves, sources say
About this update from Banco Bpm Spa
Banco BPM MIL:BAMI has invited Monte dei Paschi di Siena MIL:BMPS to talks at a time when also Intesa Sanpaolo MILSEDEX:I05428 and Unipol-backed BPER MIL:BPE have been weighing potential moves on the Tuscan bank, four people familiar with the matter said on Sunday.Intesa, which acquired UBI in 2020 to become Italy's biggest bank faces antitrust limits to further expansion in the country. Two of the sources said Intesa's potential interest would not be for the whole of MPS.Intesa declined to comment. BPER was not immediately available to comment.