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Monte dei Paschi bids for Mediobanca
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 in 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
Italy’s Banca Monte dei Paschi di Siena launched an 13.3 billion-euro ($13.86 billion) offer to buy peer Mediobanca Banca di Credito Finanziario, the latest sign of dealmaking appetite among European banks.
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.
1h
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 ...
FIRSTonline
8h
Mps, Mediobanca sinks: Totalitarian takeover bid, valuation 13,3 billion. Earthquake in finance: effects on Generali?
Monte dei Paschi di Siena announces an operation for the acquisition of Mediobanca, with a move that would herald a real ...
2h
on MSN
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 ...
The Manhattan Mercury
3h
Italy's Monte dei Paschi bids 13.3 bn euros for Mediobanca
Italian bank Monte dei Paschi di Siena said Friday that it was launching a bid for its larger rival Mediobanca, a potential ...
6h
Factbox-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 ...
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