1301 GMT - UniCredit could move to acquire Banca Monte dei Paschi if family office Delfin sells its stake in the Sienese bank, analysts at Equita write. Delfin--currently the bank's largest shareholder--is considering selling its stake, with UniCredit a leading suitor to buy the family office out, according to a report in Italian outlet il Giornale. If realized, UniCredit would be become the largest shareholder in BMPS which could "represent a possible first step towards a future full acquisition of BMPS," the Equita analysts write. The move would also make increased collaboration with Italian bank Generali possible, given BMPS is currently Generali's largest shareholder, with UniCredit third, they add. Banca Monte dei Paschi shares lead Italy's FTSE MIB index, gaining 2.8%. (josephmichael.stonor@wsj.com)
(END) Dow Jones Newswires
January 02, 2026 08:01 ET (13:01 GMT)
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