Monte dei Paschi Makes $40 Billion Move to Buy Italian Peers Banco BPM, Banca Generali

3-line summary

• Banca Monte dei Paschi di Siena said it is launching all-share bids for Italian peers Banco BPM and Banca Generali with a total value of $39.73 billion, according to The Wall Street Journal.

This summary is our own processing of the source article; see the source link below for full context.