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Monte dei Paschi bids for Mediobanca

Hosted on MSN · 10h

Monte dei Paschi shares fall 8% after lender launches surprise 13-billion-euro bid for Mediobanca

Italy's bailed-out Monte dei Paschi di Siena on Friday launched a 13.3 billion euro all-share takeover offer for larger domestic peer Mediobanca.

Reuters on MSN · 5h

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.

The Associated Press on MSN · 11h

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.

4h

Monte Paschi’s ‘Unthinkable’ Move on Larger Rival Stuns Italy

The last time Banca Monte dei Paschi di Siena SpA bought another lender, it ended in tears.Most Read from BloombergWhat ...

4hon MSN

How Italy's MPS Went From Near Collapse to Bid for Revered Merchant Bank

MILAN (Reuters) - Monte dei Paschi (MPS) CEO Luigi Lovaglio has pulled several all-nighters since arriving in Siena in early ...

7h

World’s Oldest Bank Joins Rush to Consolidate European Lending

Monte dei Paschi launched a near-$14 billion offer to buy counterpart Mediobanca, a fresh twist in the consolidation of Italy ...

14h

Factbox-Who Owns What in Italy's Banking Battles

ROME (Reuters) - Bailed-out lender Monte dei Paschi di Siena (MPS) launched on Friday a 13.3 billion euro ($13.9 billion) all ...

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