Monte Dei Paschi Intends to Play Leading Role in Further Consolidation Wave -- Market Talk

Dow Jones
Oct 03

0927 GMT - Banco BPM is the most relevant consolidation option for Italian bank Monte dei Paschi, once it integrates Mediobanca, Equita says in a note. Monte dei Paschi's CEO said that his enlarged group will have a solid capital position and will be able to evaluate further M&A deals. The CEO of Banco BPM, which fended off UniCredit's takeover approach earlier this year, has recognized the possibility of joining forces with Monte dei Paschi. "A possible BMPS-MB-BAMI deal, carried out in a friendly manner, would in our view enjoy broad political support," analyst Andrea Lisi writes. This would create a true national champion with an over 45 billion euro market capitalization, Lisi adds. Monte dei Paschi's shares are flat at 7.61 euros. (elena.vardon@wsj.com)

 

(END) Dow Jones Newswires

October 03, 2025 05:27 ET (09:27 GMT)

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