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.
Bid discount indicates scepticism over MPS bid for Italian rival Mediobanca
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 .
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 ...
Paschi Takeover Could Be Negative for Mediobanca, Moody’s Says
Moody’s Ratings sees some potential risks for Mediobanca SpA in a possible combination with Banca Monte dei Paschi di Siena ...
Mediobanca Board Rejects Monte Paschi Bid as ‘Destructive’
Mediobanca SpA has rejected Banca Monte dei Paschi di Siena SpA’s takeover bid, turning the unsolicited approach into a hostile one.Most Read from BloombergTexas HOA Charged With Discrimination for Ba ...
Italy’s Banca Monte Dei Paschi Launches $13.9 Billion Takeover Bid for Peer Mediobanca
The surprise move is the latest amid a wave of consolidation in the country’s banking industry in recent months and would ...
NBC New York16d
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 ...
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 ...
NBC Chicago21d
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 ...
San Francisco Examiner20d
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 ...
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 ...