02:04 AM EDT, 04/24/2026 (MT Newswires) -- Italy's Banca Monte dei Paschi di Siena (BMPS.MI) is exploring the sale of its subsidiary Mediobanca's (MB.MI) 13% stake in Generali (G.MI) to help fund its proposed acquisition of Banco BPM (BAMI.MI).

The potential 7.4 billion-euro deal sale could support a premium offer to Banco BPM shareholders, with Intesa Sanpaolo (ISP.MI) and UniCredit (UCG.MI) seen as potential buyers, London's Financial Times reported Friday, citing people familiar with the matter.

Chief Executive Luigi Lovaglio has yet to discuss the potential sale with some major shareholders, according to some sources. Meanwhile, other people said the priority remains to merge and delist Mediobanca.

Banca Monte dei Paschi di Siena and Generali did not immediately respond to a request for comment from MT Newswires.

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