Shares in Italy's Monte dei Paschi (MPS) fell at market open on Monday, extending Friday's losses, after the state-backed ...

Shares in Italy's Mediobanca and Monte dei Paschi (MPS) fell at market open on Monday, extending Friday's losses, after the ...

Italy’s bailed-out Monte dei Paschi di Siena on Friday launched a 13.3 billion euro all-share takeover offer for larger ...

Italian bank Monte dei Paschi di Siena has announced it is launching a 13.3 billion euro takeover bid for larger peer ...

The surprise move is the latest amid a wave of consolidation in the country’s banking industry in recent months and would ...

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.

Offering 23 of its shares for 10 of its acquisition target, Monte dei Paschi values Mediobanca's stock at roughly €15.992 each, a 5% premium to the close price of Jan. 23. Monte dei Paschi ...

(Bloomberg) -- Banca Monte dei Paschi di Siena SpA made a surprise offer to acquire larger rival Mediobanca SpA in a deal valued at €13.3 billion ($13.9 billion), adding a new twist in a series ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Monte dei Paschi di Siena has launched €13.3bn takeover offer for rival Mediobanca in a move that would ...

(Bloomberg) -- The last time Banca Monte dei Paschi di Siena SpA bought another lender, it was the beginning of the road to collapse and nationalization. So when Paschi announced an unsolicited ...