Outcome of Italy's Bank M&A Wave to Be Decided by Investors, Cenbank Says
Italy's No.2 bank UniCredit has bid for smaller rival Banco BPM, which in turn is trying to buy fund manager Anima Holding.
Why bank investors are standing up to ‘knockout’ bids
The logic for consolidation is straightforward: Europe doesn’t have enough banks with the scale to compete with the US and facilitate investment in essential projects such as the climate transition.
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Banca Monte dei Paschi di Siena SpA
2025 Monte dei Paschi di Siena's acquisition of bigger rival Mediobanca would be challenging to implement if the Tuscan bank's bid succeeded, Fitch Ratings said on Friday. Launching an unwelcome ...
Monte Paschi's Q4 profits exceed expectations
Banca Monte dei Paschi di Siena SpA, an Italian banking institution, reported a fourth-quarter net income of €384.9 million ($400 million), surpassing the analysts' projected profit of €262.8 million.
Mediobanca suitor MPS bets on fees to stem profit drop
MILAN (Reuters) -State-backed Monte dei Paschi di Siena (MPS) on Thursday posted a smaller than expected 5% quarterly drop in ...
Times Union21d
Italian bank Mediobanca rejects takeover bid by domestic rival Monte dei Paschi
MILAN (AP) — Italian bank Mediobanca on Tuesday rejected a surprise takeover attempt by domestic rival Monte dei Paschi di Siena. Mediobanca said in a statement that the offer “is devoid of ...
yourerie21d
Italian bank Mediobanca rejects takeover bid by domestic rival Monte dei Paschi
MILAN (AP) — Italian bank Mediobanca on Tuesday rejected a surprise takeover attempt by domestic rival Monte dei Paschi di Siena. Mediobanca said in a statement that the offer “is devoid of industrial ...
WTNH21d
Italian bank Mediobanca rejects takeover bid by domestic rival Monte dei Paschi
Monte dei Paschi, Italy’s oldest bank, launched a 13.3 billion-euro ($13.9 billion) takeover bid last week for larger Milan-based peer Mediobanca that aims to reshape the Italian banking sector.