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.

Italian bank Mediobanca on Tuesday rejected a takeover offer by state-backed rival Monte dei Paschi di Siena , saying a tie-up would be detrimental to its shareholders because it lacked any strategic ...

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 ...

State-backed Monte dei Paschi di Siena on Thursday posted a smaller than expected 5% quarterly drop in net income due to ...

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 ...

Copyright 2025 The Associated Press. All Rights Reserved. A man waits for the sliding doors to open to exit a Monte dei ...

Italy's Mediobanca on Monday beat expectations with its quarterly earnings and improved its outlook to 2026, as it seeks to ...

"Mediobanca turns down Monte dei Paschi’s $14bn buyout offer" was originally created and published by Private Banker ...

The surprise move is the latest amid a wave of consolidation in the country’s banking industry in recent months and would ...