Tuscany’s bailed-out Monte dei Paschi had unexpectedly launched a 13-billion-euro all-share takeover proposal for Mediobanca.

Italian bank Mediobanca (BIT: MB) is in focus this morning after its shareholders voted to reject Banca Monte dei Paschi’s (BIT: BMPS) €13 billion takeover proposal, citing a lack of “industrial and ...

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 ...

The deal intensifies with MPS offering 23 of its shares for every 10 shares of Mediobanca, representing a 5% premium over the last closing price.

"Mediobanca turns down Monte dei Paschi’s $14bn buyout offer" was originally created and published by Private Banker ...

Milanese lender Mediobanca has rejected a takeover bid from rival Monte dei Paschi di Siena as “contrary to its interests” and value destructive. Mediobanca’s board said in a statement after a meeting ...

The board of Mediobanca said Banca Monte dei Paschi di Siena’s offer would destroy value for shareholders of both banks.

Italy's Mediobanca on Monday beat expectations with its quarterly earnings and improved its outlook to 2026, as it seeks to ...

Mediobanca SpA sees little merit in a takeover by Banca Monte dei Paschi di Siena SpA because the strategies of the two lenders aren’t a good match and it doesn’t believe a combination would create ...

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

Mediobanca rejected a 13.3 billion-euro takeover attempt by Monte dei Paschi, citing a lack of industrial logic and potential shareholder value destruction. The bid aimed to create Italy's ...

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 ...