Another European bank is in play, with Italy's Mediobanca fielding a surprise takeover offer from rival Monte dei Paschi. Shares in the target surged, while those in the bidder fell. Get the full ...
Monte dei Paschi launched a near-$14 billion offer to buy counterpart Mediobanca, a fresh twist in the consolidation of Italy’s crowded banking market. Read the full article The Wall Street Journal ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
Bailed-out lender Monte dei Paschi di Siena has today launched a €13.3 billion all-share buyout offer for Mediobanca MDBI.MI, in the latest surprise twist of a complex Italian banking saga.
The 54-inch main, built in 1930, burst just before 2 a.m. Read full article: Detroit uses boats, dive teams to reach residents stranded by broken water main A cold weather advisory goes into ...
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