Mediobanca rejects Monte dei Paschi bid as lacking rationale
Italian bank Mediobanca on Tuesday rejected a takeover offer by state-backed rival Monte dei Paschi di Siena , saying a ...
FIRSTonline2d
Mediobanca, the board of directors rejects the MPS takeover bid: "It is hostile, contrary to our interests and destroys value"
The expected rejection of Mediobanca raises the quorum for the validity of the takeover bid launched by Monte dei Paschi and ...
The Banker3d
MPS-Mediobanca merger: lead characters, goals and the push for ‘Italianness’
Over the past two years the Italian government reduced its stake in MPS to 11.7 per cent, from 67 per cent. The pair were among the biggest buyers, with Delfin ranking as the second-largest ...
No job cuts expected from potential MPS-Mediobanca deal - FABI union
Italian banking union FABI does not expect redundancies from a potential deal between Banca Monte dei Paschi (MPS) and ...
FIRSTonline7d
Mps, Mediobanca sinks: Totalitarian takeover bid, valuation 13,3 billion. Earthquake in finance: effects on Generali?
Monte dei Paschi di Siena announces an operation for the acquisition of Mediobanca, with a move that would herald a real earthquake in the dynamics of Italian finance by shifting the balance of ...
U.S. News & World Report7d
Monte Dei Paschi Bids for Mediobanca as Italian Banking Drama Escalates
MPS is offering 23 of its own shares for every 10 Mediobanca shares tendered, equivalent to a 5% premium versus Thursday's closing price. MPS CEO Luigi Lovaglio, a veteran banker who presided ...
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 ...