Tuscany’s bailed-out Monte dei Paschi had unexpectedly launched a 13-billion-euro all-share takeover proposal for Mediobanca.
Italian bank Mediobanca on Tuesday rejected a takeover offer by state-backed rival Monte dei Paschi di Siena , saying a tie-up would be detrimental to its shareholders because it lacked any strategic ...
Italian bank Mediobanca (BIT: MB) is in focus this morning after its shareholders voted to reject Banca Monte dei Paschi’s (BIT: BMPS) €13 billion takeover proposal, citing a lack of “industrial and ...
The deal intensifies with MPS offering 23 of its shares for every 10 shares of Mediobanca, representing a 5% premium over the last closing price.
The board of Mediobanca said Banca Monte dei Paschi di Siena’s offer would destroy value for shareholders of both banks.
"Mediobanca turns down Monte dei Paschi’s $14bn buyout offer" was originally created and published by Private Banker ...
Moody’s Ratings sees some potential risks for Mediobanca SpA in a possible combination with Banca Monte dei Paschi di Siena ...
Italy's Mediobanca on Monday beat expectations with its quarterly earnings and improved its outlook to 2026, as it seeks to ...
Mediobanca SpA sees little merit in a takeover by Banca Monte dei Paschi di Siena SpA because the strategies of the two lenders aren’t a good match and it doesn’t believe a combination would create ...
The surprise move is the latest amid a wave of consolidation in the country’s banking industry in recent months and would ...
Italian bank Monte dei Paschi di Siena said Friday that it was launching a bid for its larger rival Mediobanca, a potential 13.3 billion euro ($13.9 billion) deal that could ...
Italy’s finance chief and BlackRock Inc.’s top officials met on Thursday, discussing several topics including the takeover ...