
Banco BPM and Anima Join Forces to Acquire Paschi Stakes in a Major €1.1 Billion Deal
5 months ago
In a significant move within the Italian banking sector, Banco BPM and Anima Holding have announced their agreement to acquire substantial stakes in Banca Monte dei Paschi di Siena (BMPS) in a deal valued at approximately €1.1 billion. This deal marks a pivotal moment for BMPS, which has struggled financially in recent years, providing the institution with a much-needed lifeline while also reshaping the competitive landscape of banking in Italy.
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