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Italy's Monte Paschi Makes €13.3 Billion Bid for Mediobanca
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 create Italy’s third largest entity in the sector.
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 with the matter.
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.
10h
Monte Paschi’s ‘Unthinkable’ Move on Larger Rival Stuns Italy
The last time Banca Monte dei Paschi di Siena SpA bought another lender, it ended in tears.Most Read from BloombergWhat ...
4d
Banca Monte dei Paschi di Siena SPA (0RK6) Receives a Rating Update from a Top Analyst
Barclays analyst Paola Sabbione maintained a Buy rating on Banca Monte dei Paschi di Siena SPA (0RK6 – Research Report) today. The company’s ...
20h
Factbox-Who Owns What in Italy's Banking Battles
ROME (Reuters) - Bailed-out lender Monte dei Paschi di Siena (MPS) launched on Friday a 13.3 billion euro ($13.9 billion) all ...
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