Report
Intesa raises MPS takeover offer, warns it could drop the bid
Reuters reports Intesa would pay MPS shareholders a further €800 million in cash if they reject MPS's counter plan.
TLDR
Reuters reports that Italy's Intesa Sanpaolo raised its takeover offer for Monte dei Paschi di Siena, saying it would pay shareholders a further €800 million ($900 million) in cash if they reject MPS's counter plan. Intesa also warned it could drop the bid.
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