Milan mayor sides with Mediobanca, saying MPS bid is Rome-Milan match
Milan mayor Giuseppe Sala on Wednesday sided with Mediobanca in a takeover battle launched by state-backed Monte dei Paschi ...
MPS Shares Slide Further as Mediobanca Board Meets to Discuss Bid
MPS shares were down 1.6% by 0820 GMT, having fallen 2% on Monday and 7% on Friday. Based on the proposed exchange ratio, ...
No job cuts expected from potential MPS-Mediobanca deal - FABI union
Italian banking union FABI does not expect redundancies from a potential deal between Banca Monte dei Paschi (MPS) and ...
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 ...
Mediobanca Board to Review MPS 13.3 Billion Euro Bid on Tuesday, Source Says
On Friday, MPS joined the consolidation wave sweeping Italian banking with a 13.3 billion euro ($13.96 billion) all-share ...
Italy's MPS shares fall ahead of Mediobanca board meeting on bid
STORY: Shares in Monte dei Paschi fell again on Monday (Jan 27), extending Friday's losses.It signals lingering investor ...
Mediobanca rejects Monte dei Paschi bid as lacking rationale
Italian bank Mediobanca on Tuesday rejected a takeover offer by state-backed rival Monte dei Paschi di Siena , saying a ...
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 ...
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Mediobanca, the board of directors rejects the MPS takeover bid: "It is hostile, contrary to our interests and destroys value"
The expected rejection of Mediobanca raises the quorum for the validity of the takeover bid launched by Monte dei Paschi and ...
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Bid discount indicates scepticism over MPS bid for Italian rival Mediobanca
MPS is offering 23 of its own shares for every 10 Mediobanca shares tendered. Mediobanca shares were up fractionally by 0.3% after Friday's 7.7% jump. Italy's banking index rose 0.3%.
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 ...
Why did Mediobanca reject Monte dei Paschi’s €13 billion takeover bid?
Mediobanca rejected MPS offer calling it destructive on Tuesday. It also cited a lack of industrial and financial rationale for rejecting.