The board of Mediobanca said Banca Monte dei Paschi di Siena’s offer would destroy value for shareholders of both banks.

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

Italian bank Monte dei Paschi di Siena announced Friday it was launching a 13.3 billion euro ($13.9 billion) takeover bid for ...

Monte dei Paschi, Italy’s oldest bank, launched a 13.3 billion-euro ($13.9 billion) takeover bid last week for larger ...

Monte dei Paschi di Siena has launched a €13.3bn takeover offer for larger rival Mediobanca in a move that would shake up ...

Now it is under siege, with former bailout victim Banca Monte dei Paschi di Siena on Friday launching ... hand in expected consolidation among the country's banks. Italy's Del Vecchio family ...

Italian bank Mediobanca on Tuesday rejected a takeover offer by state-backed rival Monte dei Paschi di Siena, saying a tie-up ...

Mediobanca SpA has rejected Banca Monte dei Paschi di Siena SpA’s takeover bid, turning the unsolicited approach into a ...

Italy’s Banca Monte dei Paschi di Siena’sBMPS0.48%increase; green up pointing triangle surprise buyout offer for peer Mediobanca MB 0.44%increase; green up pointing triangle on Friday garnered ...

Mediobanca rejected a 13.3 billion-euro takeover attempt by Monte dei Paschi, citing a lack of industrial logic and potential ...

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.

Italian Bank Monte Dei Paschi Launches 13 Billion Euro Takeover Bid for Peer Mediobanca ROME (AP) — Italian bank Monte dei Paschi di Siena announced ... could reshape the country’s banking ...