C12836 - Italian Competition Authority launches investigation to assess Intesa Sanpaolo’s takeover and exchange bid for Monte dei Paschi di Siena
PRESS RELEASE
Authority to assess the possible effects on competition across a large number of different local and national banking and insurance markets
On Monday, 14 September, the Italian Competition Authority opened an investigation, pursuant to Article 16(4) and (6) of Law 287/1990, into the transaction by which Intesa Sanpaolo S.p.A. intends to acquire sole control over Banca Monte dei Paschi di Siena S.p.A. The transaction takes the form of a takeover and exchange bid launched on 8 June 2026.
Given the significance of the parties to the transaction and the range of competitive dimensions at play, the Authority’s investigation aims to assess the possible effects on competition across a large number of different local and national banking and insurance markets.
Rome, 15 September 2026