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Intesa's Offer for Paschi Is the Only 'Real' One, CEO Messina Says | Collector
Intesa's Offer for Paschi Is the Only 'Real' One, CEO Messina Says
Bloomberg Markets

Intesa's Offer for Paschi Is the Only 'Real' One, CEO Messina Says

Intesa Sanpaolo CEO Carlo Messina discusses the lender's offer to buy Italian rival Banca Monte dei Paschi for €30.6 billion ($35.3 billion). "The only real offer now in the market is the Intesa Sanpaolo offer," Messina tells Bloomberg's Francine Lacqua, calling Banco BPM's proposal of a merger of equals merely a "love letter." (Source: Bloomberg)

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