The board of Mediobanca said Banca Monte dei Paschi di Siena’s offer would destroy value for shareholders of both banks.
Monte dei Paschi, Italy’s oldest bank, launched a 13.3 billion-euro ($13.9 billion) takeover bid last week for larger ...
(Reuters) - Italian lender Monte dei Paschi (MPS) on Friday launched a bid to acquire all the shares of investment bank ...
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 ...
Italy will support lender Banca Monte dei Paschi Siena SpA’s bid to take over larger rival Mediobanca SpA, saying a successful move would benefit the country’s economy.