Monte dei Paschi shares fall 8% after lender launches surprise 13-billion-euro bid for Mediobanca
Italy's bailed-out Monte dei Paschi di Siena on Friday launched a 13.3 billion euro all-share takeover offer for larger ...
Italy’s Banca Monte Dei Paschi Launches $13.9 Billion Takeover Bid for Peer Mediobanca
The surprise move is the latest amid a wave of consolidation in the country’s banking industry in recent months and would ...
Mediobanca Is Said to See Monte Paschi’s Takeover Bid as Hostile
Mediobanca SpA is opposed to the takeover bid by rival Banca Monte dei Paschi di Siena SpA, according to a person familiar ...
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Monte dei Paschi bids for Mediobanca takeover
The deal intensifies with MPS offering 23 of its shares for every 10 shares of Mediobanca, representing a 5% premium over the ...
World’s Oldest Bank Joins Rush to Consolidate European Lending
Monte dei Paschi launched a near-$14 billion offer to buy counterpart Mediobanca, a fresh twist in the consolidation of Italy ...
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Monte dei Paschi €13.3B Takeover Bid for Mediobanca
In a bold move to consolidate Italy’s banking sector, Monte dei Paschi di Siena (MPS), the world’s oldest bank, unveiled a ...
Monte dei Paschi launches €13bn takeover offer for Mediobanca
Monte dei Paschi di Siena has launched €13.3bn takeover offer for rival Mediobanca in a move that would shake up Italy’s banking sector. The offer, announced on Friday, values Milanese group ...
Monte Paschi’s ‘Unthinkable’ Move on Larger Rival Stuns Italy
So much of Italy was shocked to wake up to an announcement on Friday that the world’s oldest bank — which is still subject to ...