Monte dei Paschi Faces Takeover by Intesa Sanpaolo
Monte dei Paschi di Siena faces a historic takeover after shareholders rejected a defense plan against Intesa Sanpaolo. The 33 billion euro deal will break up the world's oldest bank and merge operations.
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BANCA MONTE DEI PASCHI SIENA lost its independence after 550 years as shareholders rejected a defense plan against a €33B takeover by INTESA SANPAOLO.
