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.
Bidding war erupts for world’s oldest bank as Italy’s Intesa gatecrashes BPM offer
Overview
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.
Source
Originally published at www.cnbc.com.
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