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 ...

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 ...

Italy’s Monte dei Paschi launched a near-$14 billion offer to buy counterpart Mediobanca, a fresh twist in the consolidation of the country’s crowded banking market. The unsolicited approach ...

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 ...

comes after previous attempts to return Monte dei Paschi (MPS) to the private sector failed. Having spent 5.4 billion euros in 2017 to rescue MPS and avert a wider crisis, Italy had said its ...

The last time Banca Monte dei Paschi di Siena SpA bought another lender, it was the beginning of the road to collapse and nationalization. So when Paschi announced an unsolicited €13.4 billion ...

The world's oldest bank, Monte dei Paschi (MPS) said the buyout offer for Mediobanca was valued at 15.992 euros per share, a premium of 5.03 percent over Thursday's closing price. 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 ...

MILAN (Reuters) -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 ...