Italy Regulator Opens Probe Into Intesa's Monte dei Paschi Bid

3-line summary

• Italy's regulator opened a probe into Intesa Sanpaolo's bid for Monte dei Paschi, according to Investing.com.
• This follows earlier reports of Intesa's $35 billion bid and Monte dei Paschi's own $40 billion move to buy Italian peers Banco BPM and Banca Generali.

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