Italian state-backed bank Monte dei Paschi di Siena said on Thursday securing at least 35% of Mediobanca's capital under its ...

By Valentina Za MILAN (Reuters) -Italian state-backed bank Monte dei Paschi di Siena has said securing at least 35% of ...

MPS has received approval from the European Central Bank and plans to launch an all-share bid for Mediobanca next month.

State-backed Italian bank Banca Monte dei Paschi di Siena said its bid for rival Mediobanca would start on July 14 after the ...

Banca Monte dei Paschi di Siena SpA’s is set to take its hostile takeover offer for Mediobanca SpA to shareholders later this ...

Monte dei Paschi’s hostile deal for its $18 bln Italian peer is looking more likely. Yet MPS may proceed even if it gets less ...

Banca Monte dei Paschi di Siena said it will put its offer for the shares of peer Mediobanca to shareholders starting from July 14.

Mediobanca projects a 45% increase in net profit over the three years to 2028, reaching €1.9bn ($2.2bn), with revenues expected to grow at an average annual rate of 6%, surpassing €4.4bn ($5.5bn).

MILAN (Reuters) -State-backed Italian bank Banca Monte dei Paschi di Siena said its bid for rival Mediobanca would start on July 14 after the country's markets watchdog approved the offer document for ...

Mediobanca, one of the most revered names in Italian finance, has been fighting the takeover offer which it deems hostile. Monte dei Paschi last week secured European Central Bank approval for its bid ...