Intesa raises MPS cash offer to €0.25/share, intensifying Italian bank M&A

Intesa Sanpaolo has increased its cash offer for Banca Monte dei Paschi di Siena to €0.25 per share, up from a prior bid. The move escalates the takeover battle for the Italian lender, which remains majority-owned by the state. The revised offer signals Intesa's determination to consolidate Italy's banking sector, though the final price and regulatory approval remain uncertain.