Delfin joins Intesa Sanpaolo's takeover bid for MPS and undertakes to vote in favor at the meeting on 29 October
Quick Look
Delfin, holding company of the Del Vecchio family and shareholder of MPS with 17.6% of the capital, has announced its acceptance of Intesa Sanpaolo's public purchase and exchange offer on Monte dei Paschi di Siena and its commitment to vote in favor at the meeting of 29 October, after an extraordinary meeting of the Intesa Sanpaolo board of directors held on Saturday.
AI-generated summary
Why It Matters
Delfin is the holding company of the Del Vecchio family, founders of Luxottica, and holds 17.6% of the capital of Monte dei Paschi di Siena. Intesa Sanpaolo has launched a public purchase and exchange offer on MPS, with a meeting called for 29 October.
According to what has been announced in recent hours, Delfin, holding company of the Del Vecchio family and shareholder of MPS with 17.6% of the capital, has undertaken to join Intesa Sanpaolo's takeover bid and to vote in the meeting of 29 October in line with the conditions of the offer of the institute led by CEO Carlo Messina. On Saturday an extraordinary meeting of the Intesa Sanpaolo board of directors met to take stock of the purchase and exchange offer on Monte dei Paschi di Siena.
What to Watch
AI outlook — possibilities, not facts
The meeting of 29 October will approve Intesa Sanpaolo's offer on MPS thanks to the support of Delfin.
Likely · Within days
Open Questions
- What are the exact conditions of Intesa Sanpaolo's offer on MPS that Delfin has committed to adhering to?
- What will be the position of the other MPS shareholders before the meeting on 29 October?
- Will the transaction obtain all necessary regulatory approvals?






