Luca Meer

@LucaMeer

Dear investors, We continue our in-depth look at $ISP’s cash-and-shares offering on $BMPS . Here's the link to the previous post with the first three chapters: https://etoro.tw/4h0pawE 4. Fideuram, Widiba and Mediobanca Premier: what would change The most concrete industrial element of the operation concerns the asset management and advisory network. Alongside Fideuram — already the engine of Intesa's wealth management and one of the main Italian players in private banking and financial advisory networks — Widiba (MPS's digital bank) and Mediobanca Premier (Mediobanca's private/premie...

Dear investors, As promised, I have prepared an in-depth look at $ISP.MI 's cash-and-share offer on $BMPS.MI . My research led me to a very long analysis that I decided to post in installments and divided into chapters. In this first post we have the first 3 chapters out of the 13 total. CHAPTER 1: FROM WHICH POSITION OF STRENGTH INTESA SANPAOLO STARTS Before going into the merits of the MPS transaction, it is useful to establish a point: Intesa Sanpaolo does not arrive at this operation from a position of weakness or necessity. 2025 was, in terms of numbers, the best year in the group's his...