Offering 23 of its shares for 10 of its acquisition target, Monte dei Paschi values Mediobanca's stock at roughly €15.992 each, a 5% premium to the close price of Jan. 23. Monte dei Paschi ...

Tuscany's bailed-out Monte dei Paschi unexpectedly launched a 13-billion-euro all-share takeover proposal for Mediobanca. Monte dei Paschi, which required state rescue in 2017 after years of ...

MILAN (Reuters) -Italian bank Mediobanca on Tuesday rejected a takeover offer by state-backed rival Monte dei Paschi di Siena, saying a tie-up would be detrimental to its shareholders because it ...

Mediobanca SpA is opposed to the takeover bid by rival Banca Monte dei Paschi di Siena SpA, according to a person familiar with the matter. Mediobanca sees the move as hostile and will likely end ...

Ariel Global Fund traded -3.66% lower in the quarter, lagging the -0.99% return posted by the MSCI ACWI Index, but ahead of ...

(Bloomberg) -- The last time Banca Monte dei Paschi di Siena SpA bought another lender, it was the beginning of the road to collapse and nationalization. So when Paschi announced an unsolicited ...

Monte dei Paschi launched a near-$14 billion offer to buy counterpart Mediobanca, a fresh twist in the consolidation of Italy’s crowded banking market.

Italy’s Banca Monte dei Paschi di Siena’sBMPS1.64%increase; green up pointing triangle surprise buyout offer for peer Mediobanca MB 1.14%increase; green up pointing triangle on Friday garnered ...

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 ...

FILE - A man waits for the sliding doors to open to exit a Monte dei Paschi di Siena bank branch, in Milan, Italy, on July 5, 2017. MILAN (AP) — Italian bank Mediobanca on Tuesday rejected a ...