Intesa Sanpaolo adds €800 million cash to Monte dei Paschi takeover offer

Verifying
  • Intesa Sanpaolo raised its takeover offer for Monte dei Paschi di Siena.
  • €800 million in additional cash would go to shareholders rejecting Monte dei Paschi’s counter plan.
  • Monte dei Paschi shareholders will vote on Luigi Lovaglio’s strategy on October 29.
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