Paschi Takeover Could Be Negative for Mediobanca, Moody’s Says
Moody’s Ratings sees some potential risks for Mediobanca SpA in a possible combination with Banca Monte dei Paschi di Siena SpA, which made a hostile bid for the larger Italian bank a week ago.
Italy’s Mediobanca Rejects $14 Billion Takeover by Peer Monte Dei Paschi
The board of Mediobanca said Banca Monte dei Paschi di Siena’s offer would destroy value for shareholders of both banks.
Mediobanca rejects MPS takeover bid, calling it ‘destructive of value’
Mediobanca rejected a €7bn takeover bid from MPS, calling it “destructive of value” and warning it would weaken its business model.
Mediobanca Readies Its 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.
Italy's Mediobanca rejects Monte dei Paschi's 'destructive' 13-billion-euro takeover bid
Tuscany's bailed-out Monte dei Paschi had unexpectedly launched a 13-billion-euro all-share takeover proposal for Mediobanca.
Italian bank Mediobanca rejects takeover bid by domestic rival Monte dei Paschi
Mediobanca said in a statement that the offer “is devoid of industrial and financial rationale.” Monte dei Paschi, Italy’s oldest bank, launched a 13.3 billion-euro ($13.9 billion) takeover ...
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 turns down Monte dei Paschi’s $14bn buyout offer
"Mediobanca turns down Monte dei Paschi’s $14bn buyout offer" was originally created and published by Private Banker International, a GlobalData owned brand. The information on
Mediobanca rejects Monte dei Paschi buyout bid, saying it is "devoid" of rationale
Investing.com - Italian bank Mediobanca (BIT:MDBI) has rejected a takeover bid from peer Banca Monte dei Paschi di Siena (BIT:BMPS), arguing that the offer was "destructive" for its shareholders.
Fitch Says MPS Bid for Mediobanca Carries Risks, but Too Early to Assess
However, the credit rating agency flagged risks Mediobanca could lose clients or staff given that MPS is perceived "as a ...
Mediobanca rejects Monte dei Paschi bid as lacking rationale
Italian bank Mediobanca on Tuesday rejected a takeover offer by state-backed rival Monte dei Paschi di Siena , saying a ...
The Economist2d
Giorgia Meloni has grand banking ambitions
In contrast, Ms Meloni is the leader of a nationalist party with protectionist instincts. ■ For more expert analysis of the ...
Politico Europe8h
Italian banking battle escalates as UniCredit quietly buys shares in coveted insurer
UniCredit acquires stake of less than 4 percent in Generali Group, according to people familiar with the matter.
Bid discount indicates scepticism over MPS bid for Italian rival Mediobanca
Shares in Monte dei Paschi (MPS) fell again on Monday, extending Friday's losses, signalling lingering investor doubts over ...
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 ...