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Economy & Money

Bidding war erupts for world’s oldest bank as Italy’s Intesa gatecrashes BPM offer

Europe News Italy 08 June 2026, 08:38 UTC 08 Jun 2026

Bidding war erupts for world’s oldest bank as Italy’s Intesa gatecrashes BPM offer — Europe News

Intesa on Monday announced an unsolicited offer of $35.3 billion, hoping to usurp its rival and create Europe's second-biggest bank by market capitalization.

This story was reported by Europe News. EUROPES curates Europe's most relevant coverage — read the full report at the original source.

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