Intesa Launches €30.6 Billion Bid for Monte dei Paschi

By admin June 8, 2026 No comment

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Italy’s largest lender, Intesa Sanpaolo, has launched an unsolicited €30.6 billion ($35 billion) cash-and-share offer to acquire rival bank Monte dei Paschi di Siena (MPS), marking a new phase of consolidation in the country’s banking sector. The proposed deal offers MPS shareholders a 12.5% premium over the bank’s closing share price on Friday. To address […]

Italian Watchdog Clears MPS Board Slates Ahead of Key Shareholder Vote

By admin March 28, 2026 No comment

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Italy’s market regulator Consob has ruled that all three slates of nominees submitted for the board of Monte dei Paschi di Siena (MPS) are fully legitimate, according to a source familiar with the matter. The decision follows a complaint filed by MPS’s current board over a slate presented by small investor PLT Holding, which aims […]

Georgia parliament overturns veto on foreign agents law

By admin May 29, 2024 No comment

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Georgia’s MPs have overturned a presidential veto on the controversial “transparency on foreign influence” bill, commonly referred to as the “foreign agents law,” after several weeks of protests in Tbilisi. The law mandates that media and NGOs receiving over 20% of their funding from abroad must register as “organisations acting in the interest of a […]

Polish MPs debate liberalising right to abortion on demand

By admin April 12, 2024 No comment

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Poland’s MPs recently engaged in a significant debate over potentially granting women the right to abortion on demand, marking a departure from discussions of the sort in over three decades. Despite expectations of strong emotions given Poland’s devout Catholicism, the attendance was notably sparse, with many MPs from both the opposition and government failing

Italy bans lab-grown meat in nod to farmers

By admin November 17, 2023 No comment

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Italian Members of Parliament have given their approval to a law that bans the production, sale, or import of lab-grown meat or animal feed, a move championed by the right-wing government under the banner of defending Italian culinary traditions. Agriculture Minister Francesco Lollobrigida asserted that Italy has become the first nation to shield itself from […]