Monte dei Paschi, Italy’s oldest bank, launched a 13.3 billion-euro ($13.9 billion) takeover bid last week for larger ...

Italian bank Mediobanca on Tuesday rejected a takeover offer by state-backed rival Monte dei Paschi di Siena , saying a ...

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

The board of Mediobanca said Banca Monte dei Paschi di Siena’s offer would destroy value for shareholders of both banks.

Mediobanca’s board will meet on Tuesday morning to evaluate the unsolicited approach, which has garnered government support ...

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.

Mediobanca rejected MPS offer calling it destructive on Tuesday. It also cited a lack of industrial and financial rationale for rejecting.

(Bloomberg) -- Mediobanca SpA has rejected Banca Monte dei Paschi di Siena SpA’s takeover bid, turning the unsolicited approach into a hostile one. The takeover offer presented by Monte Paschi ...

ROME (Reuters) - Shares in Italy's Mediobanca and Monte dei Paschi (MPS) fell at market open on Monday, extending Friday's losses, after the state-backed lender launched a surprise 13.3-billion-euro ...

Milanese lender Mediobanca has rejected a takeover bid from rival Monte dei Paschi di Siena as “contrary to its interests” and value destructive. Mediobanca’s board said in a statement ...

The board of Italy's Mediobanca is set to meet Tuesday to review the almost $14-billion approach made last week by peer Banca Monte dei Paschi di Siena.