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Monte dei Paschi bids for Mediobanca

Monte dei Paschi shares fall 7% after lender launches surprise 13-billion-euro bid for Mediobanca

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

The Associated Press on MSN · 13h

Italian bank Monte dei Paschi launches 13 billion euro takeover bid for peer Mediobanca

Italian bank Monte dei Paschi di Siena has announced it is launching a 13.3 billion euro takeover bid for larger peer Mediobanca in a surprise move that could reshape the country’s banking sector.

Reuters on MSN · 7h

Monte dei Paschi bids for Mediobanca as Italian banking drama escalates

By Valentina Za and Gianluca Semeraro MILAN (Reuters) -State-backed Monte dei Paschi di Siena on Friday joined the consolidation wave sweeping Italian banking with a surprise 13.3 billion euro ($14 billion) all-share offer to buy merchant bank Mediobanca.

Monte Paschi’s ‘Unthinkable’ Move on Larger Rival Stuns Italy

The last time Banca Monte dei Paschi di Siena SpA bought another lender, it ended in tears.Most Read from BloombergWhat ...

6hon MSN

How Italy's MPS Went From Near Collapse to Bid for Revered Merchant Bank

MILAN (Reuters) - Monte dei Paschi (MPS) CEO Luigi Lovaglio has pulled several all-nighters since arriving in Siena in early ...

12h

Italy's Monte Dei Paschi Bids 13.3 Bn Euro For Mediobanca

Italian bank Monte dei Paschi di Siena said Friday that it was launching a bid for all Mediobanca shares in a potential 13.3 billion euro ($13.9 billion) deal.

16h

Factbox-Who Owns What in Italy's Banking Battles

ROME (Reuters) - Bailed-out lender Monte dei Paschi di Siena (MPS) launched on Friday a 13.3 billion euro ($13.9 billion) all ...

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Monte dei Paschi bids for Mediobanca

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