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 ...

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 ...

Formally called Banca Monte dei Paschi di Siena, it is widely known as the world’s oldest bank, founded in Siena in 1472. It was long a problem child, hamstrung by poor lending decisions ...

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 ...

Italy's bailed-out Monte dei Paschi di Siena on Friday launched a 13.3 billion euro ($13.95 billion) all-share takeover offer for larger domestic peer Mediobanca. Shares of Monte dei Paschi (MPS ...

Investing.com -- Shares in Monte dei Paschi (MPS) fell again on Tuesday following the announcement of a surprise takeover bid for Mediobanca (OTC:MDIBY). MPS revealed a buyout bid ...

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 ...

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 ...

(Bloomberg) -- Banca Monte dei Paschi di Siena SpA launched a €13.3 billion ($13.9 billion) all-share takeover bid for larger rival Mediobanca SpA, further firing up Italy’s banking consolidation.

Barclays analyst Paola Sabbione maintained a Buy rating on Banca Monte dei Paschi di Siena SPA (0RK6 – Research Report) today and set a price target of €8.00. The company’s shares closed ...