Shares in Italian banks Mediobanca (OTC:MDIBY) and Monte dei Paschi (MPS) experienced a drop at market open on Monday, ...
Mediobanca’s board will meet on Tuesday morning to evaluate the unsolicited approach, which has garnered government support ...
Italian bank Monte dei Paschi di Siena has announced it is launching a 13.3 billion euro takeover bid for larger peer ...
The board of Mediobanca said Banca Monte dei Paschi di Siena’s offer would destroy value for shareholders of both banks.
Italy’s bailed-out Monte dei Paschi di Siena on Friday launched a 13.3 billion euro all-share takeover offer for larger ...
The surprise move is the latest amid a wave of consolidation in the country’s banking industry in recent months and would ...