MPS shares were down 2% on the Milan bourse at 0802 GMT and those in Mediobanca were down 0.3%, compared to a fall of 0.7% ...

Shares in Italy's Mediobanca and Monte dei Paschi (MPS) fell at market open on Monday, extending Friday's losses, after the ...

Italy’s bailed-out Monte dei Paschi di Siena on Friday launched a 13.3 billion euro all-share takeover offer for larger ...

Italian bank Monte dei Paschi di Siena has announced it is launching a 13.3 billion euro takeover bid for larger peer ...

The surprise move is the latest amid a wave of consolidation in the country’s banking industry in recent months and would ...

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.

Offering 23 of its shares for 10 of its acquisition target, Monte dei Paschi values Mediobanca's stock at roughly €15.992 each, a 5% premium to the close price of Jan. 23. Monte dei Paschi ...

comes after previous attempts to return Monte dei Paschi (MPS) to the private sector failed. Having spent 5.4 billion euros in 2017 to rescue MPS and avert a wider crisis, Italy had said its ...

(Bloomberg) -- Banca Monte dei Paschi di Siena SpA made a surprise offer to acquire larger rival Mediobanca SpA in a deal valued at €13.3 billion ($13.9 billion), adding a new twist in a series ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Monte dei Paschi di Siena has launched a €13.3bn takeover offer for larger rival Mediobanca in a move ...