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 ...
Offering 23 of its shares for 10 of its acquisition target, Monte dei Paschi values Mediobanca's stock at roughly €15.992 each, a 5% premium to the close price of Jan. 23. Monte dei Paschi ...
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 ...
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 ...
The world's oldest bank, Monte dei Paschi (MPS) said the buyout offer for Mediobanca was valued at 15.992 euros per share, a premium of 5.03 percent over Thursday's closing price. Mediobanca ...
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 ...
Monte dei Paschi di Siena ha annunciato venerdì il lancio di un'offerta pubblica di acquisto (Opa) da 13,3 miliardi di euro per Mediobanca. Una mossa a sorpresa, che potrebbe ridisegnare il ...
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 ...
comes after previous attempts to return Monte dei Paschi (MPS) to the private sector failed. Having spent 5.4 billion euros in 2017 to rescue MPS and avert a wider crisis, Italy had said its ...
Tuscany's bailed-out Monte dei Paschi unexpectedly launched a 13-billion-euro all-share takeover proposal for Mediobanca. Monte dei Paschi, which required state rescue in 2017 after years of ...
Italy’s Banca Monte dei Paschi di Siena’sBMPS1.46%increase; green up pointing triangle surprise buyout offer for peer Mediobanca MB 2.66%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 merchant ...