Mediobanca Board to Review Monte Paschi’s Offer

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.
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.
UPDATED Political hand suspected as Monte dei Paschi makes astonishing Mediobanca bid
Market participants were amazed on Friday to read that Banca Monte dei Paschi di Siena was making an unsolicited bid to take over Mediobanca. While financial specialists have reacted with scepticism, the move has been welcomed by some Italian politicians.
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.
Monte Paschi mulls deal for Mediobanca, Bloomberg reports
Banca Monte dei Paschi di Siena (BMDPF) is weighing a potential deal for fellow Italian company Mediobanca (MDIBY), Bloombeg’s Pamela
Italy’s Banca Monte dei Paschi Launches $13.9 Billion Bid for 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 Bid Reflects Monte Paschi’s Strength, Meloni Says
Banca Monte dei Paschi di Siena SpA’s takeover bid for rival Mediobanca SpA is a “market operation” reflecting the revived lender’s strength, Italian Prime Minister Giorgia Meloni said.
Monte dei Paschi bids for Mediobanca as Italian banking drama escalates
By Valentina Za and Gianluca Semeraro MILAN (Reuters) -State-backed Monte dei Paschi di Siena on Friday joined the consolidation wave sweeping Italian banking with a surprise 13.3 billion euro ($14 billion) all-share offer to buy merchant bank 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 ...
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Banca Monte dei Paschi di Siena SpA
Now it is under siege, with former bailout victim Banca Monte dei Paschi di Siena on Friday launching a hostile, 13.3 billion euro all-share bid. True to Mediobanca’s heritage, a deal may suit ...
Monte Paschi ‘Unthinkable’ Move on Larger Rival Stuns Italy
The Mediobanca takeover is far from a done deal — Paschi says its offer was at a 5% premium to Mediobanca’s share price ...
Paschi’s €13 Billion Mediobanca Bid Adds Twist to Italian Saga
Banca Monte dei Paschi di Siena SpA made a surprise offer to acquire larger rival Mediobanca SpA in a deal valued at €13.3 ...
Who owns what in Italy's banking battles
Bailed-out lender Monte dei Paschi di Siena (MPS) launched on Friday a 13.3 billion euro ($13.9 billion) all-share buyout ...
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 ...
EconoTimes1h
Mediobanca to Review Unsolicited Bid from MPS Amid Market Concerns
Mediobanca to Review Unsolicited Bid from MPS Amid Market Concerns Mediobanca (OTC: MDIBY) will convene its board on Tuesday to evaluate an unsolicited takeover bid by Monte dei Paschi di Siena (MPS), ...