Italy’s Mediobanca Rejects $14 Billion Takeover by Peer Monte Dei Paschi
The board of Mediobanca said Banca Monte dei Paschi di Siena’s offer would destroy value for shareholders of both banks.
How Italy's MPS went from near collapse to bid for revered merchant bank
By Valentina Za, Gianluca Semeraro and Mathieu Rosemain MILAN (Reuters) -Monte dei Paschi (MPS) CEO Luigi Lovaglio has pulled ...
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 ...
How billionaire Caltagirone could influence Italy's banking M&A wave
MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of ...
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 ...
Italy's Monte Dei Paschi Bids 13.3 Bn Euro For Mediobanca
Italian bank Monte dei Paschi di Siena said Friday that it was launching a bid for all Mediobanca shares in a potential 13.3 billion euro ($13.9 billion) deal.
Italy Says Paschi’s Mediobanca Bid Is in the Country’s Interest
Italy will support lender Banca Monte dei Paschi Siena SpA’s bid to take over larger rival Mediobanca SpA, saying a successful move would benefit the country’s economy.