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 ...

The bank is touting its standalone growth prospects in the face of an unsolicited takeover bid from Monte dei Paschi.

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

Integration plan due within six months of deal will detail funding strategies as well as IT and cyber security risks ...

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).

Mediobanca has shown its opposition to the takeover bid, launched in January, warning it would weaken its business model.