Launching an unwelcome takeover of a rival bank used to be a sign of dangerous excess. These days, it seems to be the most ...

Investing.com - Italian bank Mediobanca (BIT:MDBI) has rejected a takeover bid from peer Banca Monte dei Paschi di Siena (BIT:BMPS), arguing that the offer was "destructive" for its shareholders.

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 ...

Tuscany’s bailed-out Monte dei Paschi had unexpectedly launched a 13-billion-euro all-share takeover proposal for Mediobanca.

Over the past two years the Italian government reduced its stake in MPS to 11.7 per cent, from 67 per cent. The pair were among the biggest buyers, with Delfin ranking as the second-largest ...

LONDON/MADRID (Reuters) - European banks are expected to report a sharp rise in profits for the final three months of last ...

Shares in Monte dei Paschi (MPS) fell again on Monday, extending Friday's losses, signalling lingering investor doubts over ...

MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of ...

Banca Monte dei Paschi di Siena SpA’s takeover bid for rival Mediobanca SpA is a “market operation” reflecting the revived ...

Market participants were amazed on Friday to read that Banca Monte dei Paschi di Siena was making an unsolicited bid to take ...

Banca Monte dei Paschi di Siena SpA offered to acquire larger rival Mediobanca SpA in a €13.3 billion ($13.9 billion) ...