After having invested before in $1COV (-0.17%) with the aim to be acquired by Adnoc/XRG and another investment in $ILTY Illimity Bank in Italy giving access to $IF (+3.12%) Banca IFIS with a 10% discount.

I'm now thinking to invest in further banking consolidation. Since there seems to be a wave of banking consolidations coming up both cross boarder and within individual European countries.

Italy shows:

$UCG (+2.53%) Unicredit stakebuilding in both $ALPHA (+5.42%) Alphabank & $CBK (+1.26%) Commerzbank and a failled attempt to acquire $BAMI (-0.77%) Banco BPM. We saw $BMPS (+4.19%) Monte dei Pachi acquire $MB (+0.81%) Mediobanca. $BPE (+1.67%) Bper Banca merge with $BPSO (+1.1%) and rumored to be on the wishlist of Unicredit.

Denmark is consolidating but could be still more ongoing:

A recent merger of $SYDB (+0.97%) Sydbank, Arbejdernes Landsbank & $VJBA Vestjysk Bank.

In Spain

We've seen a major but failed attempt to forget about the Spanish attempt of $BBVA (+1.1%) Banco Bilbao of $SAB (+1.53%) Banco Sabadell.

The Netherlands:

$ING (+0%) ING taking a substantial stake in $VLK (+0.95%) Van Lanschot Kempen.

$ABN (+2.14%) Doing several take overs in Germany and buying the trading app Bux and rumored to be bought themselves.

When thinking this through I see a potential for take over but, if it won't happen there is still good dividends to be earned. Therefore there is less of a need of a quick turn around.

I'm now looking for a "smaller" bank that traded and a likely take over candidate.

Where would you invest?

$BPE (+1.67%) - Bper Banca - Italy

$BAMI (-0.77%) - Banca BPM - Italy

$ABN (+2.14%) - ABN Amro Bank - Netherlands

$ALPHA (+5.42%) - Alpha Bank - Greece

$JYSK (+0.56%) - Jyske Bank - Denmark

$ALR (+1.33%) - Ailor Bank - Poland

Any other alternatives, or opinions about this idea, I'm happy to read!