Intesa Sanpaolo CEO Carlo Messina says he is prepared to respond to any counterbids after Intesa announces an offer for Banca Monte dei Paschi di Siena. Messina’s remarks come as Intesa presents a bid that values Italy’s oldest bank at more than €30 billion, with the offer reported at €30.6 billion (about $35.3 billion).
Messina also characterizes Intesa’s proposal as the only “real” offer currently on the market. He contrasts Intesa’s offer with Banco BPM’s approach, which is described as a merger of equals, and he refers to it as a “love letter.”
Across the coverage, the focus stays on the competitive bidding dynamic for Monte Paschi, including the possibility of rival offers and Intesa’s stated willingness to engage with counteroffers. The reports do not detail regulatory outcomes or timing for any final transaction terms, but they underscore that the bidding process is active and could involve further responses between bidders.
