The board of directors of Intesa Sanpaolo has decided to increase its offer for Banca Monte dei Paschi di Siena. The rescue plan involves a cash injection of €3.8 billion and a further €27.6 billion in shares. This boosts the overall operation's value to €31.4 billion. The move aims to stabilize the struggling Sienese institute. This increased bid represents an additional 25 cents per share. The operation signals a significant intervention to support Banca Monte dei Paschi di Siena and secure its future.