TORINO (ITALPRESS) – Intesa Sanpaolo has launched a public offer of purchase and voluntary totalitarian exchange on Banca Monte dei Paschi di Siena. The transaction provides for a consideration of 16 ordinary shares Intesa every 10 MPS shares (report of exchange to 1,6) plus a euro in cash for each title, with a prize of 12.5% on the closing of 5 June.
The offer has as a strategic objective the further strengthening of the European leadership of Intesa Sanpaolo, the bank led by Carlo Messina, the Wealth Management, Protection & Advisory and the sustainability of the creation of value for all stakeholders, without any risk of integration even in view of the proven ability of Intesa Sanpaolo to realize successful integrations with attention to people.
With a view to proactive management of antitrust issues, the transaction includes a binding agreement signed today by Intesa Sanpaolo with Unipol Assicurazioni, which provides for the sale of a banking legal entity including the MPS brand, about 635 branches of MPS (with related activities and liabilities) and most of the central structures/activities of MPS (with related activities and liabilities) necessary to operate as an independent bank, for a euro billion.
The agreement provides that Intesa Sanpaolo maintains Mediobanca and its brand, about 625 MPS subsidiaries and a limited component of central structures (with related activities and liabilities of MPS, altogether representing about 80% of the net profit 2025 of MPS + Mediobanca.
Following the decision to promote the offer, the Board of Directors of Intesa Sanpaolo approved the purchase of a stake equal to 3.01% of the capital
Social Insurance and subscription with a primary financial counterparty of a derivative contract of coverage with the same participation.
The transaction has a purely financial nature, it has a temporary duration and however it is functional to ensure that the tenderer can maintain, after the successful outcome of the offer, the accounting treatment currently reserved for the participation of Mediobanca in Assicurazioni Generali according to the method of net assets.
ASSEMBLEA STRAORDINARIA IL 10 SETTEMBRE
Intesa Sanpaolo, the bank led by Carlo Messina, announced the call of the Extraordinary Shareholders’ Meeting for the next 10 September 2026, at 10:00, at the New Directional Centre in Turin in Corso England. The appointment will be held in a single call. At the centre of the agenda, we read in the official note of the group, the proposal for attribution to the Board of Directors of the faculty to increase the share capital, one or more times and in a way that can be split, by 10 September 2027. The delegation provides for the issue of a maximum of 5.7 billion ordinary shares, free of express nominal value and with regular enjoyment, whose characteristics will refer to those of the securities already in circulation. The increase in capital will be with the exclusion of the right of option and will be entirely freed by conferring in nature. The massive issue of new shares is in fact explicitly prepared “at the service of the public offer of voluntary purchase and exchange (OPAS) with regard to the totality of the ordinary shares of Banca Monte dei Paschi di Siena S.p.A.”, an operation formally announced by the institution today under the Single Text of Finance.
– photo IPA Agency –
(ITALPRESS).
