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Monte dei Paschi bids for Mediobanca

Bloomberg L.P. · 17m

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.

Reuters on MSN · 1d

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.

Wall Street Journal · 2d

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.

16h

Monte Paschi ‘Unthinkable’ Move on Larger Rival Stuns Italy

The last time Banca Monte dei Paschi di Siena SpA bought another lender, it was the beginning of the road to collapse and ...

1don MSN

How Italy's MPS Went From Near Collapse to Bid for Revered Merchant Bank

MILAN (Reuters) - Monte dei Paschi (MPS) CEO Luigi Lovaglio has pulled several all-nighters since arriving in Siena in early ...

1d

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 ...

1d

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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