Operator
Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the Unipol conference call. At this time, I would like to turn the conference over to Mr. Matteo Laterza, CEO of Unipol. Please go ahead, sir.
Matteo Laterza
GM, CEO & Director
Okay. Thank you very much for participating to this call. First of all, sorry for the delay. But as you can expect, it is a very busy day. This time, we will have the opportunity to present a transaction that, as you know, is in the context of the exchange and cash tender offer that Intesa Sanpaolo launched on Banca Monte dei Paschi shares this morning.
In this extent, this transaction on one hand, would find a definitive, hopefully, solution on any possible roadblock that Intesa Sanpaolo could have coming from the Antitrust authority. But on the other hand, would give Unipol a unique opportunity to realize an ambitious industrial project that is value creative since the beginning for our shareholders, putting at work our capital and furthering our strategy as is the title of this presentation.
And I will follow the presentation as a support of the comment that I will do in concerning the details of the transaction. When Intesa Sanpaolo cash and exchange public tender offer
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