Italy's antitrust authority cannot clear Intesa Sanpaolo's offer for rival UBI for now because of uncertainties over a planned asset sale aimed at solving competition issues, a document showed on ...

Intesa is a large Italian bank that has a good income appeal due to its high-dividend yield. The bank surprised the market by making an unsolicited bid on its smaller competitor UBI Banca. Even though ...

The role of Mediobanca adds to the similarities between BBVA’s hostile bid for Banco Sabadell and Intesa Sanpaolo’s takeover of UBI Banca in 2020. But there are stark differences of institutional ...

Italy’s anti-trust authority could yet side with those who argue UBI Banca will serve Italy’s banking system better by doing acquisitions of its own. Will Intesa Sanpaolo’s attempt to merge with UBI ...

Intesa Sanpaolo concluded its tortuous takeover battle for rival UBI on Thursday, securing 90.2% of its target's shares to create Italy's biggest bank owning a fifth of the loan market. Intesa ...

A new M&A wave from Italy is likely despite caution over risks. Carlo Messina, CEO of Intesa Sanpaolo. Intesa Sanpaolo’s (ISP) takeover of smaller lender UBI Banca is likely to spark new interest in ...

MILAN (Reuters) – Further consolidation in Italian banking is likely to be triggered by the coronavirus crisis, which threatens mid-sized banks such as UBI Banca <UBI.MI>, Intesa Sanpaolo’s <ISP.MI> ...

MILAN (Reuters) - Intesa Sanpaolo said on Friday it had hired JP Morgan, Morgan Stanley, UBS and local broker Equita SIM to complete a team of advisers led by Mediobanca supporting Italy's biggest ...

Unione di Banche Italiane SpA rejected Intesa Sanpaolo SpA’s unsolicited takeover bid as insufficient and increased its dividend estimate just days before the public offer is set to start. The value ...

Intesa Sanpaolo SpA said late Friday that Unione di Banche Italiane SpA is heading for a delisting from the Italian stock exchange as Intesa has secured nearly 100% of its smaller rival's capital.

Intesa Sanpaolo SpA said late on Thursday that the Italian competition authority has authorized its takeover offer for smaller rival Unione di Banche Italiane SpA. "This is a fundamental milestone as ...