Monte dei Paschi bids for Mediobanca

Italy's Monte dei Paschi extends losses after its surprise bid for Mediobanca
MPS shares were down 2% on the Milan bourse at 0802 GMT and those in Mediobanca were down 0.3%, compared to a fall of 0.7% for the Italian banking index. MPS had fallen 6.9% on Friday while Mediobanca was up 7.
Mediobanca Board Set to Discuss Peer Monte Dei Paschi's $14 Billion Bid
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.
Mediobanca Readies Defenses After Unsolicited Bid by Paschi
Mediobanca SpA’s chief executive officer said a takeover attempt by smaller rival Banca Monte dei Paschi di Siena SpA was unsolicited, as the Italian investment bank prepared to respond and possibly defend itself.
Paschi’s €13 Billion Mediobanca Bid Adds Twist to Italian Saga
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 of takeover attempts that are shaking up Italy’s banking industry.
Italy’s Banca Monte dei Paschi Launches $13.9 Billion Bid for Mediobanca
The surprise move is the latest amid a wave of consolidation in the country’s banking industry in recent months and would create Italy’s third-largest entity in the sector.
Italian bank Monte dei Paschi launches 13 billion euro takeover bid for peer Mediobanca
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 sector.
Italy to support Paschi’s bid to takeover Mediobanca, Bloomberg says
Italy will support Banca Monte dei Paschi Siena’s (BMDPF) bid to take over Mediobanca (MDIBY), believing a successful move would benefit the
Bailed-out Monte dei Paschi launches bid to acquire Mediobanca
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.
Mediobanca Board to Review Monte Paschi’s Offer on Tuesday
Mediobanca SpA’s board plans to meet on Tuesday to review Banca Monte dei Paschi di Siena SpA’s takeover offer, according to people familiar with the matter.
Monte dei Paschi bids for Mediobanca as Italian banking drama escalates
By Valentina Za and Gianluca Semeraro 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 bank Mediobanca.
Mediobanca Said to Question Strategic Fit, Value of Paschi Deal
Mediobanca SpA sees little merit in a takeover by Banca Monte dei Paschi di Siena SpA because the strategies of the two ...
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Banca Monte dei Paschi di Siena SpA
Now it is under siege, with former bailout victim Banca Monte dei Paschi di Siena on Friday launching a hostile, 13.3 billion euro all-share bid. True to Mediobanca’s heritage, a deal may suit ...
Banca Monte dei Paschi di Siena SPA (0RK6) Receives a Rating Update from a Top Analyst
Barclays analyst Paola Sabbione maintained a Buy rating on Banca Monte dei Paschi di Siena SPA (0RK6 – Research Report) today. The company’s ...