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الاقتصادية
$58B Deal to Create Italy’s Second Largest Bank
Banca BPM of Italy announced its invitation to MPS Bank to discuss a potential merger valued at $58 billion, with the goal of creating Italy's second-largest banking group, surpassing a capital value of €50 billion. The deal is expected to increase earnings per share by more than 10%, with annual benefits exceeding €1.1 billion, and may potentially spark a new wave of mergers within the Italian banking sector. The details of the deal structure have not yet been disclosed, but Banca BPM’s board of directors has unanimously approved the step.
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