Mediobanca rejects Monte dei Paschi bid

Mediobanca's board will meet on Tuesday to discuss a bid for the Italian merchant bank by state-backed Monte dei Paschi di ...
MPS shares were down 1.6% by 0820 GMT, having fallen 2% on Monday and 7% on Friday. Based on the proposed exchange ratio, ...
On Friday, the state-backed lender launched a surprise 13.3 billion euro all-share ($13.9 billion) buyout bid for Mediobanca, whose board meets on Tuesday to start reviewing the offer. Based on ...
Milan mayor Giuseppe Sala on Wednesday sided with Mediobanca in a takeover battle launched by state-backed Monte dei Paschi ...