UPDATED Political hand suspected as Monte dei Paschi makes astonishing Mediobanca bid
Market participants were amazed on Friday to read that Banca Monte dei Paschi di Siena was making an unsolicited bid to take over Mediobanca. While financial specialists have reacted with scepticism, the move has been welcomed by some Italian politicians.
The surprise move is the latest amid a wave of consolidation in the country’s banking industry in recent months and would ...
The Mediobanca takeover is far from a done deal — Paschi says its offer was at a 5% premium to Mediobanca’s share price ...
Italy's Banca Akros says it handled MPS stake ... over Italy's Banco BPM after the latter invested in rival Monte dei Paschi di Siena but the talks proved fruitless, la Repubblica daily ...
Banca Monte dei Paschi di Siena SpA made a surprise offer to acquire larger rival Mediobanca SpA in a deal valued at €13.3 ...
Barclays analyst Paola Sabbione maintained a Buy rating on Banca Monte dei Paschi di Siena SPA (0RK6 – Research Report) today. The company’s ...
Bailed-out lender Monte dei Paschi di Siena (MPS) launched on Friday a 13.3 billion euro ($13.9 billion) all-share buyout ...
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