However, the credit rating agency flagged risks Mediobanca could lose clients or staff given that MPS is perceived "as a weaker and less specialised peer" in corporate investment banking and wealth management. "MPS' plan to operate both brands with a high degree of independence could mitigate these risks, but this faces execution risks," it said.

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 rejected a €7bn takeover bid from MPS, calling it “destructive of value” and warning it would weaken its business model.

Tuscany’s bailed-out Monte dei Paschi had unexpectedly launched a 13-billion-euro all-share takeover proposal for Mediobanca.

Milan mayor Giuseppe Sala on Wednesday sided with Mediobanca in a takeover battle launched by state-backed Monte dei Paschi di Siena (MPS), signalling the financial saga was becoming increasingly political.

(Reuters) - Italian lender Monte dei Paschi (MPS) on Friday launched a bid to acquire all the shares of investment bank Mediobanca for 15.92 euros ($16.64) per share. Copyright 2025 Thomson Reuters.

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 and financial rationale.

The board of Mediobanca on Tuesday rejected a 13-billion-euro takeover bid launched by domestic rival Monte dei Paschi (MPS) saying it was strongly destructive of value, according to a note issued by the lender led by CEO Alberto Nagel.