The Milan-based bank called the stake a “pure financial investment”, emphasising it has no strategic interest in the insurer.
UniCredit has been involved recently in a flurry of dealmaking activity, including a bid for Banco BPM and a raised stake in ...
Moody’s Ratings sees some potential risks for Mediobanca SpA in a possible combination with Banca Monte dei Paschi di Siena ...
The improving environment for deals is encouraging some smaller firms to start hunting much larger prey. Automotive supplier ...
Launching an unwelcome takeover of a rival bank used to be a sign of dangerous excess. These days, it seems to be the most ...
MILAN (Reuters) - Milan mayor Giuseppe Sala on Wednesday sided with Mediobanca in a takeover battle launched by state-backed ...
Monte dei Paschi, Italy’s oldest bank, launched a 13.3 billion-euro ($13.9 billion) takeover bid last week for larger ...
The new voters on the Federal Reserve's policy committee in 2025 are an official seen as one of the system's most dovish, as well as a centrist and two new faces who could bring a more stringent ...
The board of Mediobanca said Banca Monte dei Paschi di Siena’s offer would destroy value for shareholders of both banks.
Mediobanca SpA has rejected Banca Monte dei Paschi di Siena SpA’s takeover bid, turning the unsolicited approach into a ...
Mediobanca’s board will meet on Tuesday morning to evaluate the unsolicited approach, which has garnered government support ...
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.