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 ...

Bailed-out lender Monte dei Paschi di Siena (MPS) said on Friday it was launching a 13.3 billion euro ($13.9 billion) all-share buyout offer for Mediobanca, in the latest surprise twist of a complex ...

Shares in Italian banks Mediobanca (OTC:MDIBY) and Monte dei Paschi (MPS) experienced a drop at market open on Monday, continuing the downward trend from Friday.

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.

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 ...

(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 ...

Italian investment bank Mediobanca has dismissed Banca Monte dei Paschi di Siena’s (MPS) takeover proposal, citing lack of industrial and financial rationale. This decision was made following a ...

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 ...