Intesa Sanpaolo stock gets firm MPS offer timetable before launch

Published on 11/12/2026 at 17:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Intesa Sanpaolo stock will accept MPS tenders from November 24 through January 22, subject to extensions. The offer documents are now public.

Intesa Sanpaolo sets MPS timetable

The acceptance period is scheduled to run from November 24, 2026, through January 22, 2027, unless extended.
Settlement is planned for January 29, 2027, with a possible five-session reopening in February.
The offer covers up to 3,037,594,735 MPS shares and is promoted exclusively in Italy.

Intesa Sanpaolo, IT0000072618, Illustration mit AI erstellt.

Intesa Sanpaolo published the offer document and EU follow-on prospectus for its public tender and exchange offer for Banca Monte dei Paschi di Siena on November 10. The company has now set the timetable for shareholder acceptances, according to its press release.

What has changed since the last report

The MPS transaction has moved from regulatory approval to a published acceptance schedule. Shareholders can tender from 8:30 a.m. Italian time on November 24, 2026, until 5:30 p.m. on January 22, 2027, unless the period is extended.

Offer terms and next dates

For each MPS share tendered, Intesa Sanpaolo will pay 1.250 euros in cash and deliver 1.664 newly issued Intesa Sanpaolo shares. Settlement is scheduled for January 29, 2027, subject to any extension of the acceptance period.

The company also plans a voluntary reopening for five trading sessions from February 1 through February 5, 2027, if the relevant conditions are met. Payment for shares tendered during that reopening would take place on February 12. The offer covers a maximum of 3,037,594,735 MPS shares.

Stock context for investors

Intesa Sanpaolo stock traded at 6.27 euros on Lang & Schwarz at 17:07 CET on Thursday, November 12, 0.63 percent below the Xetra close of 6.31 euros on Wednesday, November 11.

The timetable gives investors a defined calendar for assessing the offer, but the company states that the acceptance period has not yet begun. The release also says the offer is promoted exclusively in Italy and is not addressed to investors in the United States, Japan or other excluded jurisdictions.