Italian bank Mediobanca (BIT: MB) is in focus this morning after its shareholders voted to reject Banca Monte dei Paschi’s ...
Italian bank Mediobanca on Tuesday rejected a takeover offer by state-backed rival Monte dei Paschi di Siena , saying a tie-up would be detrimental to its shareholders because it lacked any strategic ...
Tuscany’s bailed-out Monte dei Paschi had unexpectedly launched a 13-billion-euro all-share takeover proposal for Mediobanca.
Mediobanca’s board will meet on Tuesday morning to evaluate the unsolicited approach, which has garnered government support ...
The board of Mediobanca said Banca Monte dei Paschi di Siena’s offer would destroy value for shareholders of both banks.
Mediobanca rejected a 13.3 billion-euro takeover attempt by Monte dei Paschi, citing a lack of industrial logic and potential ...
ROME (AP) — Italian bank Monte dei Paschi di Siena announced Friday it was launching a 13.3 billion euro ($13.9 billion) ...
The surprise move is the latest amid a wave of consolidation in the country’s banking industry in recent months and would ...
Mediobanca SpA has rejected Banca Monte dei Paschi di Siena SpA’s takeover bid, turning the unsolicited approach into a hostile one.
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 ...
Tuscany's bailed-out Monte dei Paschi unexpectedly launched a 13-billion-euro all-share takeover proposal for Mediobanca. Monte dei Paschi, which required state rescue in 2017 after years of ...