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Intesa Sweetens Monte dei Paschi Bid to €35 Billion as Key Investor Backs Offer
3-line summary
- Intesa Sanpaolo sweetened its bid for Monte dei Paschi to €35 billion as a key investor backed the offer, according to an Investing.com report.
- This follows earlier news that shareholder Delfin would tender its full 17.6% stake into Intesa's takeover offer.
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