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 ...
Monte Dei Paschi’s Surprise Bid for Mediobanca Fails to Convince Investors
Mediobanca’s board will meet on Tuesday morning to evaluate the unsolicited approach, which has garnered government support but so far failed to win over investors and analysts.
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 ...
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 ...
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 ...
The Associated Press - Business News on MSN17d
Italian bank Mediobanca rejects takeover bid by domestic rival Monte dei Paschi
Monte dei Paschi, Italy’s oldest bank, launched a 13.3 billion-euro ($13.9 billion) takeover bid last week for larger Milan-based peer Mediobanca that aims to reshape the Italian banking sector. Monte ...
Italian bank Monte dei Paschi launches 13 billion euro takeover bid for peer Mediobanca
ROME (AP) — Italian bank Monte dei Paschi di Siena announced Friday it was launching a 13.3 billion euro ($13.9 billion) takeover bid for larger peer Mediobanca in a surprise move that could reshape ...
San Francisco Examiner21d
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 Chicago22d
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 ...
Yahoo Finance21d
Monte dei Paschi bids for Mediobanca takeover
Monte dei Paschi di Siena (MPS) has made a move in the Italian banking sector by launching a €13.3bn ($14bn) all-share buyout offer for merchant bank Mediobanca reported Reuters. This proposal ...
Wall Street Journal17d
Monte Dei Paschi’s Surprise Bid for Mediobanca Fails to Convince Investors
Italy’s Banca Monte dei Paschi di Siena’sBMPS1.42%increase; green up pointing triangle surprise buyout offer for peer Mediobanca MB-0.79%decrease; red down pointing triangle on Friday garnered ...