Bid discount indicates scepticism over MPS bid for Italian rival Mediobanca
The discount to market prices represented by Monte dei Paschi's bid (MPS) for Mediobanca widened further on Monday, signalling deepening investor doubts over the bailed out Tuscan bank's offer for a bigger rival.
Mediobanca Board Set to Discuss Peer Monte Dei Paschi's $14 Billion Bid
The board of Italy's Mediobanca is set to meet Tuesday to review the almost $14-billion approach made last week by peer Banca Monte dei Paschi di Siena.
Mediobanca Readies Its Defenses After Unsolicited Bid by Paschi
Mediobanca SpA’s chief executive officer said a takeover attempt by smaller rival Banca Monte dei Paschi di Siena SpA was unsolicited, as the Italian investment bank prepared to respond and possibly defend itself.
Italy's MPS shares fall ahead of Mediobanca board meeting on bid
Shares in Monte dei Paschi (MPS) fell again on Monday, extending Friday's losses, signalling lingering investor doubts over the bailed out Tuscan bank's bid for bigger rival Mediobanca. On Friday, the state-backed lender launched a surprise 13.
Mediobanca readies defenses after unsolicited takeover offer, Bloomberg says
CEO Alberto Nagel said a takeover attempt by Banca Monte Dei Paschi di Siena (BMDPF) was unsolicited and the investment
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.
Mediobanca Bid Reflects Monte Paschi’s Strength, Meloni Says
Banca Monte dei Paschi di Siena SpA’s takeover bid for rival Mediobanca SpA is a “market operation” reflecting the revived lender’s strength, Italian Prime Minister Giorgia Meloni said.
Italy to support Paschi’s bid to takeover Mediobanca, Bloomberg says
Italy will support Banca Monte dei Paschi Siena’s (BMDPF) bid to take over Mediobanca (MDIBY), believing a successful move would benefit the
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 ...
Explainer: How billionaire Caltagirone could influence Italy's banking M&A wave
Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy's financial ...
How Italy’s MPS went from near collapse to bid for revered merchant bank
MPS struggled to sell shares at 2 euros each back then. MPS stock traded at 7 euros this week when Lovaglio and his finance chief Andrea Maffezzoni have emerged from two all-nighters that ended in ...