With the increased integration and purchases in Europe, Italy leads the road with a dynamic financial sector, with seven active deals.
Banco BPM’s anti -BPM offer is the most newly valued at $ 16.35 billion, or approximately $ 1 billion of BPM market value. Follow unicredit negotiations with the Italian government to seize the Banca Monte Dei Paschi Di Siena three years ago. Unicredit launched the new tender on BPM despite the government’s restrictions. The situation is currently stopping after the market organizer in Italy tempted temporarily.
For its part, Banco BPM recently acquired the ANIA asset manager with more than two billion dollars.
“When the wave of unification rises, there is always a Domino effect, as banks try to defend their competitive position. In Italy, it was operated by Inteesa’s integration with UBI in 2020, which expanded the market share gap with smaller players.
In a very competitive context, many other Italian banks have recently occupied newspapers.
Earlier this year, Monte de Baschi, the oldest bank in Italy, surprised the country when it proposed a $ 14 billion inclusion offer per share of the Mediobanca Special Investment Bank.
At the same time, Mediobanca announced a voluntary public exchange of 100 % of Banca Generyi, a $ 7.1 billion deal, to create an Italian leader in wealth management.
In January, Banca Generali completed its acquisition of Broker Intermement for $ 112 million.
Another important deal is the $ 5 billion BPER BANCA offer, and a fully rival for its competitor Banca Popolar Di Sondrio. The European Central Bank has recently cleared the offer.
Finally, a few weeks ago, Banca IFIS launched a $ 340 million offer for criticism and participation for Illimity, the high technical bank founded by former CEO of Intesa Corrado Passera.
With many deals in full swing, the unification process in Italy is good news, and ultimately “positively” positive customers and investors, as efficiency, profitability and quality of service are improved. “
