Italy's MPS shares fall ahead of Mediobanca board meeting on bid
Shares in Monte dei Paschi (MPS) fell again on Monday, extending Friday's losses, signalling lingering investor doubts over the bailed out Tuscan bank's bid for bigger rival Mediobanca. On Friday, the state-backed lender launched a surprise 13.
Mediobanca Readies Defenses After Unsolicited Bid by Paschi
Mediobanca SpA’s chief executive officer said a takeover attempt by smaller rival Banca Monte dei Paschi di Siena SpA was unsolicited, as the Italian investment bank prepared to respond and possibly defend itself.
Mediobanca readies defenses after unsolicited takeover offer, Bloomberg says
CEO Alberto Nagel said a takeover attempt by Banca Monte Dei Paschi di Siena (BMDPF) was unsolicited and the investment
Italy's Monte dei Paschi extends losses after its surprise bid for Mediobanca
Shares in Italy's Monte dei Paschi (MPS) fell at market open on Monday, extending Friday's losses, after the state-backed lender launched a surprise 13.3-billion-euro ($13.9 billion) bid for merchant bank Mediobanca.
Italian Bank Monte Dei Paschi Launches 13 Billion Euro Takeover Bid for Peer Mediobanca
Italian bank Monte dei Paschi di Siena has announced it is launching a 13.3 billion euro takeover bid for larger peer Mediobanca in a surprise move that could reshape the country’s banking sector
Mediobanca Stock Jumps on Bid From Rival Monte dei Paschi
Another European bank is in play, with Italy's Mediobanca fielding a surprise takeover offer from rival Monte dei Paschi. Shares in the target surged, while those in the bidder fell. Get the full stor
Italy's Mediobanca, Monte dei Paschi extend losses after MPS surprise bid on merchant bank
Shares in Italy's Mediobanca and Monte dei Paschi (MPS) fell at market open on Monday, extending Friday's losses, after the state-backed lender launched a surprise 13.3-billion-euro ($13.93 billion) bid on the merchant bank.
Italy to support Paschi’s bid to takeover Mediobanca, Bloomberg says
Italy will support Banca Monte dei Paschi Siena’s (BMDPF) bid to take over Mediobanca (MDIBY), believing a successful move would benefit the
Mediobanca Board to Review Monte Paschi’s Offer on Tuesday
Mediobanca SpA’s board plans to meet on Tuesday to review Banca Monte dei Paschi di Siena SpA’s takeover offer, according to people familiar with the matter.
How Italy's MPS went from near collapse to bid for revered merchant bank
CEO Luigi Lovaglio has pulled several all-nighters since arriving in Siena in early 2022, when Italy's Treasury picked him ...
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Monte dei Paschi bids for Mediobanca as Italian banking drama escalates
MPS is offering 23 of its own shares for every 10 Mediobanca shares tendered, equivalent to a 5% premium versus Thursday's closing price. MPS CEO Luigi Lovaglio, a veteran banker who presided over ...
Financial Services Roundup: Market Talk
Find insight on AMP, Banca Monte dei Paschi di Siena’s bid for Mediobanca and more in the latest Market Talks covering ...
Bank M&A in the new Italy evokes old Italy’s flaws
Under founder Enrico Cuccia, Mediobanca pulled the strings of Italian post-war finance. Now it is under siege, with former ...