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Monte dei Paschi shares fall 7% after lender launches surprise 13-billion-euro bid for Mediobanca
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 ...
NBC New York27d
Italy's Monte dei Paschi launches surprise 13-billion-euro bid for larger peer Mediobanca
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 ...
Yahoo Finance27d
Paschi’s €13 Billion Mediobanca Bid Adds Twist to Italian Saga
(Bloomberg) -- Banca Monte dei Paschi di Siena SpA made a surprise offer to acquire larger rival Mediobanca SpA in a deal valued at €13.3 billion ($13.9 billion), adding a new twist in a series ...