The shareholders' pact for Italy's Mediobanca , representing around 11.6% of the bank's capital, have rejected Monte dei ...
The partners of the Mediobanca pact, aligning themselves with the Board of Directors, reject the Mps takeover bid as ...
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.
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 ...
Shares in MPS, which has returned to profits and dividends after a bailout in 2017, fell 1.5% by 0832 GMT, extending a 7% drop on Friday. Mediobanca shares were little changed, after Friday's 7.7% ...
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 ...
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%.
Mediobanca responds to the annual accounts of Monte dei Paschi with a set of results that makes analysts rub their eyes and ...
THE ODD COUPLE Analysts fretted "the odd couple" of Mediobanca and MPS had in common little more than two significant shareholders: Delfin, the holding company of late billionaire Leonardo Del ...
Mediobanca's executives will meet on Tuesday to discuss the offer, a spokesperson for the bank said on Monday. The spokesperson declined to comment further. MPS shares on Monday extended Friday's ...
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 ...
On Friday, the state-backed lender launched a surprise 13.3 billion euro all-share ($13.9 billion) buyout bid for Mediobanca, whose board meets on Tuesday to start reviewing the offer.