Monte dei Paschi Di Siena secured the majority package shares Mediobanca, confirming an unthinkable acquisition of 16 billion euros that is expected to reshape the Italian financial sector.
Mediobanca’s investors offered 62.3% of their shares in Monte Paschi, according to a statement published yesterday (8.9.2025). This will give Monte Paschi the majority share as soon as they officially acquire these shares.
The deal, worth € 16 billion ($ 18.8 billion) on the closure of the market yesterday, is expected to set up Italy’s third largest bank in assets. With this agreement, Italian Prime Minister Georgia Melon’s long -term ambition is being entered into a new big bank that can compete with Intesa Sanpaolo and Unicredit.
If completed, it will also be the first large -scale agreement since the launch of the wave of mergers and acquisitions in the Italian financial sector about a year ago. Since then, several smaller acquisitions have been made, while Unicredit has abandoned its attempt to redeem Banco BPM.
Mediobanca’s acquisition “creates a new competitive force” that will be classified “among the leaders of the Italian banking sector,” Monte Paschi said in a press release issued on Monday.
The acquisition of Italy’s largest independent investment bank is completing a striking overthrow for Monte Paschi, which is considered the oldest bank in the world to operate.
Monte Paschi, founded in 1472, has just recently come out of a deep restructuring that lasted over a decade. An unfortunate acquisition shortly before the 2008 financial crisis marked the principle of bank problems, culminating in its nationalization in 2017.
Meanwhile, investors have stormed more than 14 billion euros into new funds. This was added to about 7 billion euros of capital provided by various Italian administrations.