Launching an unwelcome takeover of a rival bank used to be a sign of dangerous excess. These days, it seems to be the most logical option available to would-be acquirers. Three bids and one possible approach are currently on the table in Europe,
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Italian bank Mediobanca rejects takeover bid by domestic rival Monte dei Paschi
Italian bank Mediobanca rejects rival MPS takeover bid as 'destructive'
Milan: Mediobanca s board of directors on Tuesday rejected a 13.3 billion euro takeover bid by smaller rival Monte dei Paschi di Siena (MPS).
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Italy's Mediobanca rejects Monte dei Paschi's ‘destructive' 13-billion-euro takeover bid
Mediobanca’s board will meet on Tuesday morning to evaluate the unsolicited approach, which has garnered government support but so far failed to win over investors and analysts.
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 SpA sees little merit in a takeover by Banca Monte dei Paschi di Siena SpA because the strategies of the two lenders aren’t a good match and it doesn’t believe a combination would create value,
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.
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.
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 ...
(Reuters) - Italian lender Monte dei Paschi (MPS) on Friday launched a bid to acquire all the shares of investment bank Mediobanca for 15.92 euros ($16.64) per share. Copyright 2025 Thomson Reuters.
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.
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.
On Friday, MPS joined the consolidation wave sweeping Italian banking with a 13.3 billion euro ($13.96 billion) all-share offer to buy Mediobanca, which was welcomed by the Italian government, but puzzled analysts and investors.
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