Mediobanca’s board will meet on Tuesday morning to evaluate the unsolicited approach, which has garnered government support but so far failed to win over investors and analysts.
Banca Monte dei Paschi di Siena SpA launched a €13.3 billion ($13.9 billion) all-share takeover bid for larger rival Mediobanca SpA, further firing up Italy’s banking consolidation.
merely represents the latest iteration of a wider saga in which other deals – like UniCredit’s 10 billion euro swoop for Banco BPM and Banca Monte dei Paschi di Siena’s (MPS) 13 billion euro ...
The Italian government cut its shareholding in Banca Monte dei Paschi di Siena by 15% allowing peers Banco BPM and Anima Holding to buy stakes in the world’s oldest bank. ROME (Reuters ...
Mediobanca responds to the annual accounts of Monte dei Paschi with a set of results that makes analysts rub their eyes and ...
Barclays analyst Paola Sabbione maintained a Buy rating on Banca Monte dei Paschi di Siena SPA (0RK6 – Research Report) today and set a price ...
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. Mediobanca sees the move as hostile and will likely end ...
The acquisition would add approximately 900,000 customers, close to 400 branches, and around 4,000 employees to BPER Banca’s ...
MILAN (AP) — Italian bank Mediobanca on Tuesday rejected a surprise takeover attempt by domestic rival Monte dei Paschi di Siena. Mediobanca said in a statement that the offer “is devoid of industrial ...
Mediobanca SpA has rejected Banca Monte dei Paschi di Siena SpA’s takeover bid, turning the unsolicited approach into a ...
The board of Italy's Mediobanca is set to meet Tuesday to review the almost $14-billion approach made last week by peer Banca Monte dei Paschi di Siena.
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