The partners of the Mediobanca pact, aligning themselves with the Board of Directors, reject the Mps takeover bid as ...

The shareholders' pact for Italy's Mediobanca, representing around 11.6% of the bank's capital, have rejected Monte dei ...

State-backed Monte dei Paschi di Siena on Thursday posted a smaller than expected 5% quarterly drop in net income due to higher loan loss provisions and lower trading income.

MPS on Friday announced a 13.3 billion euro ($13.9 billion) buyout bid for Mediobanca, surprising investors, who voted down a move that would turn the bailed-out Tuscan bank from a takeover target ...

MILAN (Reuters) -State-backed Monte dei Paschi di Siena (MPS) on Thursday posted a smaller than expected 5% quarterly drop in net income due to higher loan loss provisions and lower trading income.

Revenues also increased, equal to 1,847 billion. CEO Nagel on Ops Mps: "The offer is not very attractive, with no premium for ...

Mediobanca raises barricades and rejects MPS's takeover bid. The board of directors of Piazzetta Cuccia, meeting to examine Monte's proposal, takes three hours to reject the public exchange offer ...

MPS is offering 23 of its own shares for every 10 Mediobanca shares tendered, equivalent to a 5% premium versus Thursday's closing price. MPS CEO Luigi Lovaglio, a veteran banker who presided over ...

MPS is offering 23 of its own shares for every 10 Mediobanca shares tendered. Mediobanca shares were up fractionally by 0.3% after Friday's 7.7% jump. Italy's banking index rose 0.3%.

MILAN (Reuters) - Mediobanca's board will meet on Tuesday to discuss a bid for the Italian merchant bank by state-backed Monte dei Paschi di Siena (MPS), a person close to the situation said.

Mediobanca rejected a €7 billion takeover bid from Banca Monte dei Paschi di Siena (MPS), dismissing the offer as “strongly destructive of value” and setting the stage for one of the most dramatic ...

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