euro banca monte dei paschi di siena

Mediobanca rejects Monte dei Paschi bid

Italian bank Monte dei Paschi launches 13 billion euro takeover bid for peer Mediobanca

Italian bank Monte dei Paschi di Siena has announced it is launching a 13.3 billion euro takeover bid for larger peer Mediobanca in a surprise move that could reshape the country’s banking sector.

Hosted on MSN · 6d

Italy's Monte dei Paschi launches surprise 13-billion-euro bid for larger peer 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.

The Financial Times · 2d

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 on Tuesday that the offer from the partially state-owned Tuscan lender lacked any “industrial and financial rationale”.

Reuters6d

Banca Monte dei Paschi di Siena SpA

Now it is under siege, with former bailout victim Banca Monte dei Paschi di Siena on Friday launching a hostile, 13.3 billion euro all-share bid. True to Mediobanca’s heritage, a deal ...

Business Insider10d

Banca Monte dei Paschi di Siena SPA (0RK6) Receives a Rating Update from a Top Analyst

Barclays analyst Paola Sabbione maintained a Buy rating on Banca Monte dei Paschi di Siena SPA (0RK6 – Research Report) today. The company’s shares closed last Friday at €7.04. According ...

Mediobanca Said to Question Strategic Fit, Value of Paschi Deal

Mediobanca SpA sees little merit in a takeover by Banca Monte dei Paschi di Siena SpA because the strategies of the two ...

12h

Hostile EU bank M&A raises risk of winner’s curse

Launching an unwelcome takeover of a rival bank used to be a sign of dangerous excess. These days, it seems to be the most ...

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