Why did Mediobanca reject Monte dei Paschi’s €13 billion takeover bid?
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 ...
Mediobanca rejects Monte dei Paschi’s takeover bid
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 ...
Monte dei Paschi shares fall 8% after lender launches surprise 13-billion-euro bid for Mediobanca
Italy's bailed-out Monte dei Paschi di Siena on Friday launched a 13.3 billion euro all-share takeover offer for larger domestic peer Mediobanca.
Mediobanca: Profits Higher Than Expected for Monte dei Paschi
Mediobanca responds to the annual accounts of Monte dei Paschi with a set of results that makes analysts rub their eyes and ...
NBC New York18d
Italy's Mediobanca rejects Monte dei Paschi's ‘destructive' 13-billion-euro takeover bid
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 ...
San Francisco Examiner22d
Italy's Monte dei Paschi bids 13.3 bn euros for Mediobanca
Italian bank Monte dei Paschi di Siena said Friday that it was launching a bid for its larger rival Mediobanca, a potential 13.3 billion euro ($13.9 billion) deal that could ...
NBC Chicago23d
Italy's Monte dei Paschi launches surprise 13-billion-euro bid for larger peer Mediobanca
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 ...