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 ...

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 ...

Tuscany's bailed-out Monte dei Paschi unexpectedly launched a 13-billion-euro all-share takeover proposal for Mediobanca. Monte dei Paschi, which required state rescue in 2017 after years of ...

comes after previous attempts to return Monte dei Paschi (MPS) to the private sector failed. Having spent 5.4 billion euros in 2017 to rescue MPS and avert a wider crisis, Italy had said its ...

Italian bank Monte dei Paschi di Siena has announced it is launching a 13.3 billion euro takeover bid for larger peer Mediobanca in a surprise move that could reshape the country’s banking ...

MILAN (Reuters) -Italian bank Mediobanca on Tuesday rejected a takeover offer by state-backed rival Monte dei Paschi di Siena, saying a tie-up would be detrimental to its shareholders because it ...

Recent attacks against a number of Italian websites have been linked to pro-Russian hackers, Italy’s cybersecurity agency has ...

Monte dei Paschi launched a near-$14 billion offer to buy counterpart Mediobanca, a fresh twist in the consolidation of Italy’s crowded banking market.

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FILE - A view of a ' Monte Dei Paschi di Siena ' bank branch in Milan, Italy, Monday, Dec. 19, 2016. ROME (AP) — Italian bank Monte dei Paschi di Siena announced Friday it was launching a 13.3 ...