Monte dei Paschi chief at odds with billionaire investor over Mediobanca

Billionaire investor Francesco Gaetano Caltagirone has clashed with Monte dei Paschi di Siena chief executive Luigi Lovaglio ...
Yahoo Finance

Mediobanca rejects Monte dei Paschi buyout bid, saying it is "devoid" of rationale

Investing.com - Italian bank Mediobanca (BIT:MDBI) has rejected a takeover bid from peer Banca Monte dei Paschi di Siena (BIT:BMPS), arguing that the offer was "destructive" for its shareholders. In a ...

Italy's Monte dei Paschi launches surprise 13-billion-euro bid for larger peer Mediobanca

Italy's bailed-out Monte dei Paschi di Siena on Friday launched a 13.3 billion euro all-share takeover offer for larger ...
Yahoo Finance

Mediobanca rejects MPS takeover bid, calling it ‘destructive of value’

Mediobanca rejected a €7 billion takeover bid from Banca Monte dei Paschi di Siena (MPS), dismissing the offer as “strongly destructive of value” and setting the stage for one of the most dramatic ...
NBC New York

Italy's Mediobanca rejects Monte dei Paschi's ‘destructive' 13-billion-euro takeover bid

Shareholders of Italian lender Mediobanca on Tuesday rejected a 13-billion-euro takeover offer from smaller domestic peer Monte dei Paschi, amid a ramp-up in consolidation bids in the Italian banking ...
U.S. News & World Report

Mediobanca Pledges to Return $5.74 Billion to Investors to Counter MPS Bid

MILAN (Reuters) -Italian merchant bank Mediobanca set out a plan to return 4.9 billion euros ($5.74 billion) to shareholders over the next three years, as it seeks to fend off a hostile bid from ...
U.S. News & World Report

Mediobanca's Banca Generali Vote Delay Prevented Possible Defeat, Sources Say

MILAN (Reuters) -Mediobanca's decision to delay the shareholder vote on its bid for Banca Generali prevented a likely defeat from shareholders who oppose the deal and have beefed up their holdings in ...
MarketWatch

Mediobanca Delays Vote on Banca Generali Offer to Let Majority Owner Evaluate Bid

Mediobanca delayed a shareholder meeting to vote on its takeover bid for Banca Generali to give insurer Assicurazioni Generali, majority owner of Banca Generali, time to evaluate the proposal. Some ...
Bloomberg L.P.

Mediobanca Rebuffs Caltagirone’s Criticism of Banca Generali Bid

Mediobanca SpA rejected criticism from a key investor, Francesco Gaetano Caltagirone, about its takeover bid for a local wealth manager, Banca Generali, escalating tensions with the billionaire. The ...
Reuters

Mediobanca's Banca Generali vote delay prevented possible defeat, sources say

Mediobanca targeted Banca Generali to fend off suitor MPS Opponents of Mediobanca CEO Nagel have increased holdings UniCredit has sided with leading opponent Caltagirone MPS is expected to formally ...
Euronews

Mediobanca rejects MPS takeover bid, calling it ‘destructive of value’

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