Monte dei Paschi – the world’s oldest bank last week offered to takeover Mediobanca in a deal that valued each share of the latter at €15.99. Its takeover proposal translated to about a 5% ...

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 ...

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 ...

Bailed-out MPS unveiled surprise all-share bid on Friday Two banks have different business models Mediobanca says its shareholders would suffer Monte dei Paschi's (MPS) bid is the latest in a ...

Mediobanca board meets Tuesday on bid CEO told employees in weekend letter bid not agreed PM says deal would help to protect Italians' savings On Friday, the state-backed lender launched a ...

Moody’s Ratings sees some potential risks for Mediobanca SpA in a possible combination with Banca Monte dei Paschi di Siena SpA, which made a hostile bid for the larger Italian bank a week ago.

Mediobanca responds to the annual accounts of Monte dei Paschi with a set of results that makes analysts rub their eyes and ...

(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 ...

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. The world's oldest bank launched a surprise ...

Mediobanca said in a statement that the offer “is devoid of industrial and financial rationale.” Monte dei Paschi, Italy’s oldest bank, launched a 13.3 billion-euro ($13.9 billion ...

Monte dei Paschi, Italy’s oldest bank, launched a 13.3 billion-euro ($13.9 billion) takeover bid last week for larger Milan-based peer Mediobanca that aims to reshape the Italian banking sector.

MILAN (AP) — Italian bank Mediobanca on Tuesday rejected a surprise takeover attempt by domestic rival Monte dei Paschi di Siena. Mediobanca said in a statement that the offer “is devoid of ...