Monte dei Paschi bids for Mediobanca

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 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.
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.
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.
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.
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 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 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.
Mediobanca Bid Reflects Monte Paschi’s Strength, Meloni Says
Banca Monte dei Paschi di Siena SpA’s takeover bid for rival Mediobanca SpA is a “market operation” reflecting the revived lender’s strength, Italian Prime Minister Giorgia Meloni said.
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.
Reuters2d
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 ...