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Mediobanca rejects Monte dei Paschi bid
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.
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 tie-up would be detrimental to its shareholders because it lacked any strategic and financial rationale.
Mediobanca Fends Off Monte dei Paschi's Bold Takeover Bid
Mediobanca rejected a 13.3 billion-euro takeover attempt by Monte dei Paschi, citing a lack of industrial logic and potential shareholder value destruction. The bid aimed to create Italy's third-largest bank with significant synergies.
Monte dei Paschi shares fall 7% 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.
Italian bank Mediobanca rejects takeover bid by domestic rival Monte dei Paschi
Monte dei Paschi, Italy’s oldest bank, launched a 13.3 billion-euro ($13.9 billion) takeover bid last week for larger Milan-based peer Mediobanca that aims to reshape the Italian banking sector. Monte dei Paschi said that the tie-up would generate 700 million euros ($733 million) a year in pretax synergies, and deliver significant profits.
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
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3h
Moody's lowers Mediobanca's outlook due to MPS
Moody's has confirmed Mediobanca's ratings but changed the outlook from stable to negative due to "the downward pressure on ...
5d
on MSN
Mediobanca Board to Review MPS 13.3 Billion Euro Bid on Tuesday, Source Says
On Friday, MPS joined the consolidation wave sweeping Italian banking with a 13.3 billion euro ($13.96 billion) all-share ...
7d
on MSN
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 ...
3d
Mediobanca price target raised to EUR 18.20 from EUR 16.35 at Citi
Citi analyst Azzurra Guelfi raised the firm’s price target on Mediobanca (MDIBY) to EUR 18.20 from EUR 16.35 and keeps a Buy rating on the ...
2d
on MSN
Milan Mayor Sides With Mediobanca, Saying MPS Bid Is Rome-Milan Match
Milan mayor Giuseppe Sala on Wednesday sided with Mediobanca in a takeover battle launched by state-backed Monte dei Paschi ...
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