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Intesa CEO: It is completely impossible that a higher offer will be made for the targeted financial institution.

Intesa Sanpaolo of Italy has raised its profit forecast for 2026, while the bank’s management has stated that it is not willing to improve its previous offer to acquire Monte dei Paschi di Siena (MPS). The financial institution has also reported strong quarterly results that exceeded expectations.

source Source: Portfolio.hu - Bank
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Intesa CEO: It is completely impossible that a higher offer will be made for the targeted financial institution.

Intesa Sanpaolo of Italy has raised its profit forecast for 2026, while the bank’s management has stated that it is not willing to improve its previous offer to acquire rival Monte dei Paschi di Siena (MPS). The financial institution also reported strong quarterly results that exceeded expectations.

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