Intesa Sanpaolo SpA Chief Executive Officer Carlo Messina said a successful takeover on Banca Monte dei Paschi di Siena SpA would position his bank to engage in deals across Europe. A successful deal “is a starting point also to look at the consolidation in Europe in a position of total strength in comparison to all the other peers,” Messina said in a Bloomberg TV interview on Tuesday. Messina on ...
Intesa Sanpaolo SpA Chief Executive Officer Carlo Messina said a successful takeover on Banca Monte dei Paschi di Siena SpA would position his bank to engage in deals across Europe. A successful deal “is a starting point also to look at the consolidation in Europe in a position of total strength in comparison to all the other peers,” Messina said in a Bloomberg TV interview on Tuesday. Messina on Monday surprised markets by offering to buy Monte Paschi for more than €30 billion ($35 billion). A deal would cement Intesa’s dominant role at home, expand its investment banking and wealth management operations through the addition of Mediobanca SpA, and leave it with a big minority stake in the country’s largest insurer, Assicurazioni Generali SpA . Read More: Intesa Makes €30.6 Billion Paschi Bid in New Italy Deal Wave Messina had previously ruled out major acquisitions in Italy, given Intesa’s market share. He said the deal proposal now became possible after insurer Unipol Assicurazioni SpA agreed to buy about half of Monte Paschi’s branches along with the brand. The offer is likely to trigger responses from other players in Italian finance. A day before Intesa’s offer, Banco BPM SpA already pitched a merger of equals with Monte Paschi, without giving a price. Messina in the interview said BPM’s proposal was merely a “love letter” seeking discussion, not a full fledged offer.
格隆汇6月9日|随着地缘政治紧张局势缓和,为欧元信用债提供违约保险的成本保持平稳。Tickmill Group的Patrick Munnelly在一份报告中表示,以色列和伊朗达成停止相互攻击的协议,减轻了“对更深层次地区冲突和更具破坏性能源冲击的直接担忧“。标普全球市场财智数据显示,欧元投资级信用违约掉期的iTraxx Europe Main指数持平于54个基点。欧元高收益信用违约掉期的iTrax...
格隆汇6月9日|随着地缘政治紧张局势缓和,为欧元信用债提供违约保险的成本保持平稳。Tickmill Group的Patrick Munnelly在一份报告中表示,以色列和伊朗达成停止相互攻击的协议,减轻了“对更深层次地区冲突和更具破坏性能源冲击的直接担忧“。标普全球市场财智数据显示,欧元投资级信用违约掉期的iTraxx Europe Main指数持平于54个基点。欧元高收益信用违约掉期的iTraxx Europe Crossover指数下跌1个基点,至263个基点。
Beyond the diplomatic choreography of last month’s Xi-Trump summit, what are the structural implications of a less confrontational US-China relationship for the Asia-Pacific? The subsequent visits by US Secretary of State Marco Rubio to India and US Secretary of Defence Peter Hegseth to Singapore in late May shed some light on the question. Both Rubio and Hegseth had accompanied Trump to Beijing. ...
Beyond the diplomatic choreography of last month’s Xi-Trump summit, what are the structural implications of a less confrontational US-China relationship for the Asia-Pacific? The subsequent visits by US Secretary of State Marco Rubio to India and US Secretary of Defence Peter Hegseth to Singapore in late May shed some light on the question. Both Rubio and Hegseth had accompanied Trump to Beijing. Perhaps most telling was the switch in the usage of a geographic term by the US administration. In...
(RTTNews) - On Tuesday, Keller Group Plc (KLR.L), a road-engineering company based in the UK, announced that it has secured a contract worth $207 million for the reconstruction of Interstate-40 highway in the US. Keller has been working on the highway since 2025, and the latest c
(RTTNews) - On Tuesday, Keller Group Plc (KLR.L), a road-engineering company based in the UK, announced that it has secured a contract worth $207 million for the reconstruction of Interstate-40 highway in the US. Keller has been working on the highway since 2025, and the latest c