The Italian Competition Authority conditionally clears a merger between banking groups with both structural and behavioural remedies (Banca Monte Dei Paschi Di Siena/Banca Antonveneta)

The operation On 7 May 2008, the ICA cleared the merger by which Monte dei Paschi di Siena (MPS) will acquire the whole capital stake of Antonventa with the exception of three undertakings (Interbanca, Interbanca International and Bios Interbanca). The aim of the concentration is to create the third-largest banking group in Italy. Taking account of cross shareholdings among bank competitors and the strong presence of the post

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Eleonora Granata, Alessandra Prastaro, The Italian Competition Authority conditionally clears a merger between banking groups with both structural and behavioural remedies (Banca Monte Dei Paschi Di Siena/Banca Antonveneta), 7 May 2008, e-Competitions Bulletin Financial services, Art. N° 21203

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