Banco BPM, Anima Buy Into Banca Monte Dei Paschi

New Italy Banking Force May Emerge From Banco BPM’s Paschi Move
A possible new force in Italian banking has begun to take shape, after regional lender Banco BPM SpA took a major stake in rival Banca Monte dei Paschi di Siena SpA.
Italy brings on board Banco BPM in $1.2 billion Monte dei Paschi stake sale
Italy on Wednesday raised 1.1 billion euros ($1.16 billion) by selling 15% of bailed-out bank Monte dei Paschi di Siena , bringing on board rival Banco BPM as a shareholder in the Tuscan lender.
Banco BPM, Anima Buy Into Banca Monte Dei Paschi as Italian State Cuts Stake
The Italian government cut its shareholding in Banca Monte dei Paschi di Siena by 15% allowing peers Banco BPM and Anima Holding to buy a stake in the world’s oldest bank.
Italy’s Paschi Stake Sale Is Step in Plan to Spur Bank M&A
Italian Prime Minister Giorgia Meloni moved forward with her plan to use the privatization of Banca Monte dei Paschi di Siena SpA to spur domestic banking consolidation as the latest share sale saw several national firms buy major stakes.
Italy's Banco BPM Bids for Asset Manager Anima, Boosting Shares of Both
Banco BPM is Anima's biggest shareholder with a 22.3% stake. Anima is 9.8% owned by Italian private equity fund FSI, which is already a partner of Banco BPM in payments. Poste Italiane owns another 12% of Anima, which manages Poste's insurance reserves.
Banco BPM Buys 5% of Monte Paschi as Italy Cuts Stake
Italy’s government said Wednesday that it sold a stake of 15% in Banca Monte dei Paschi di Siena SpA via a placement for about €1.1 billion.
Italy takes step towards possible bank M&A with Monte Paschi stake sale
Italy has begun to pave the way for a third big banking group in the country by selling a chunk of state-owned Monte dei Paschi di Siena (MPS) to rival Banco BPM and the fund manager partner of both lenders.
Italy's Anima names Goldman as adviser to assess Banco BPM bid
Italian asset manager Anima said on Friday it appointed Goldman Sachs as financial adviser to assess an up to 1.6-billion-euro ($1.71 billion) buyout proposal from Banco BPM .
Banca Monte dei Paschi di Siena shares jump after Italy cuts stake in lender
Investing.com - Shares in Banca Monte dei Paschi di Siena (BIT: BMPS) surged after Italy sold 15% of its stake in the bailed-out lender, raising 1.1 billion euros ($1.16 billion).
Banco BPM, Anima Buy Paschi Stakes in Italy’s €1.1 Billion Sale
Giorgia Meloni’s government sold a minority stake in Banca Monte dei Paschi di Siena SpA to rival Banco BPM SpA, a move aimed at bolstering the Italian shareholder base of the world’s oldest bank.
Italy's Delfin buys 3.5% stake in Monte dei Paschi, source says
Delfin, the holding of Italy's Del Vecchio family, bought a 3.5% stake in bailed-out bank Monte dei Paschi, a source with knowledge of the matter said on Thursday. Italy's Treasury on Wednesday raised 1.
Banco BPM Is Likely a Buyer in Italy’s Newest Paschi Stake Sale
Italy is selling a 7% stake in Monte dei Paschi di Siena SpA, the latest step in an exhaustive restructuring drive that dates ...
Ansa on MSN2h
MPS stock soars amid Banco BPM merger speculation
The share price of Monte dei Paschi di Siena (MPS) soared on Thursday after fellow lender Banco BPM acquired a 5% stake in it ...
U.S. News & World Report8d
Italy's Banco BPM Launches $1.7 Billion Bid for Asset Manager Anima
MILAN (Reuters) - Italy's third-largest Banco BPM on Wednesday said it would launch a buyout offer to gain full control of asset manager Anima Holding in an up to 1.6 billion euro ($1.7 billion ...