More precisely, the bank had 8% market share in Veneto, 7% in Friuli, 6% in Sicily and 3% in both Lazio and Emilia Romagna.
After World War II, it acquired several other cooperative banks (Italian: Banca Popolare) located in Treviso in 1950, Polesine in 1980, Cavarzere in 1982, and Valdagno in 1987.
[2][3] Since then it has focused more on internally financed growth and in 2002 it switched from being a cooperative society with limited liabilities (S.c. a r.l.)
[5] Banca Popolare di Lodi (also known as Banca Popolare Italiana), which lost the takeover battle to ABN AMRO, signed a contract to sell the shares of Antonveneta to ABN AMRO in September 2005.
[6] In October 2007, a consortium comprising Royal Bank of Scotland, Banco Santander and Fortis acquired ABN AMRO in order to divide its assets between them.
[7] Then on 8 November 2007 Santander announced that it had received and accepted an offer of €9 billion for Antonveneta from Banca Monte dei Paschi di Siena (BMPS).
The deal, which should have raised alarms among regulators, was approved by the Bank of Italy…" by a Bloomberg Opinion columnist, Elisa Martinuzzi.