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Bidding war erupts for world’s oldest bank as Italy’s Intesa gatecrashes BPM offer

Posted on June 8, 2026
By CNBC
1 Views
1 min read

Bidding war erupts for world’s oldest bank as Italy’s Intesa gatecrashes BPM offer

Intesa on Monday announced an unsolicited offer of $35.3 billion, hoping to usurp its rival and create Europe's second-biggest bank by market capitalization.