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Monte dei Paschi bids for Mediobanca

YAHOO!Finance · 14h

Monte Paschi ‘Unthinkable’ Move on Larger Rival Stuns Italy

The last time Banca Monte dei Paschi di Siena SpA bought another lender, it was the beginning of the road to collapse and nationalization.Most Read from BloombergWhat Happened to Hanging Out on the Street?

Reuters on MSN · 1d

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.

Bloomberg L.P. · 1d

Mediobanca Is Said to See Monte Paschi’s Takeover Bid as Hostile

Mediobanca SpA is opposed to the takeover bid by rival Banca Monte dei Paschi di Siena SpA, according to a person familiar with the matter.

1don MSN

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 ...

1d

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 ...

1d

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

So much of Italy was shocked to wake up to an announcement on Friday that the world’s oldest bank — which is still subject to ...

1d

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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