Banca Monte dei Paschi di Siena stock: Offer timetable takes shape

Banca Monte dei Paschi di Siena stock entered a new takeover phase after CONSOB approved Intesa Sanpaolo's offer document and EU follow-on prospectus on Sunday, November 8. The approval sets the timetable for shareholder decisions but does not complete the transaction, according to Intesa Sanpaolo.

Acceptance window moves into view

The acceptance period is scheduled to open at 8:30 a.m. Italian time on Tuesday, November 24, and close at 5:30 p.m. on Friday, January 22, 2027. Intesa Sanpaolo can extend the period under the applicable rules, so the timetable remains subject to change.

The consideration consists of 1.25 euros in cash and 1.664 newly issued Intesa Sanpaolo shares for each MPS share tendered. If the offer conditions are fulfilled or waived and the transaction closes, settlement is scheduled for January 29, 2027, the fifth trading day after the acceptance period ends.

Shareholder choice remains central

Intesa Sanpaolo also plans a voluntary reopening if the relevant conditions are met. That window is scheduled for February 1 through February 5, with payment for shares tendered during the reopening set for February 12.

Banca Monte dei Paschi di Siena stock traded at 11.60 euros on Lang & Schwarz at 17:45 CET on Tuesday, November 10, 2026. That was 1.19 percent below the 11.74 euros cited in the own report published at 10:05 CET the same day. The change is a separate market comparison and does not establish a direct link to the regulatory approval.

Italy's banking sector remains focused on the regulatory and shareholder timetable, as reflected in the FTSE MIB market environment.

For more developments, see More news and analyses on Banca Monte dei Paschi di Siena stock.