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 €13.4 billion ...

the person said, asking not to be named discussing private information. Representatives for Mediobanca and Monte Paschi declined to comment.

Monte Paschi is offering 23 new shares of Monte Paschi for every 10 in Mediobanca, according to a press release on Friday that confirmed an earlier Bloomberg report. That values the bank at €15. ...

ROME (AP) — Italian bank Monte dei Paschi di Siena announced Friday it was launching a 13.3 billion euro ($13.9 billion) takeover bid for larger peer Mediobanca in a surprise move that could ...

Monte Paschi, Italy's oldest bank, has a market capitalization of about 9 billion euros, while Mediobanca’s market value is about 12.7 billion euros. Under the terms of the offer, Mediobanca ...

Monte Paschi currently has a market capitalization of about 9 billion euro, while Mediobanca’s market value is about 12.7 billion euros. Under the terms of the offer, Mediobanca investors would ...