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Mediobanca, Monte dei Paschi

Monte dei Paschi investors back hostile bid for Mediobanca

By Valentina Za SIENA, Italy (Reuters) -Monte dei Paschi di Siena expects to launch its 12.5 billion euro ($14 billion) takeover offer for Mediobanca in the summer, after securing shareholder approval on Thursday for the hostile bid.

Bloomberg Law News · 1d

Monte Paschi’s Shareholders Back Mediobanca Bid at Meeting

Banca Monte dei Paschi di Siena SpA’s shareholders authorized Chief Executive Officer Luigi Lovaglio to go ahead with his bid for rival Mediobanca SpA, taking him a big step closer to his goal.

CNBC on MSN · 11d

Market turbulence will not impact Mediobanca deal, Monte dei Paschi CEO says

Monte dei Paschi di Siena downplayed the potential impact of ongoing market turbulence on its 13-billion-euro offer for Mediobanca, telling CNBC it expects to complete the deal this summer.

MPS Chief Puts Revamp of World's Oldest Bank to Market Test With Mediobanca Bid

Lovaglio has the backing of construction tycoon Francesco Caltagirone and the heirs of the late billionaire Leonardo Del ...

Reuters5d

Banca Monte dei Paschi di Siena SpA

Monte dei Paschi di Siena expects to launch its 12.5 billion euro ($14 billion) takeover offer for Mediobanca in the summer, after securing shareholder approval on Thursday for the hostile bid.

Wall Street Journal5d

Monte Dei Paschi Gets Italy’s Green Light for Mediobanca Deal as Top Shareholders Signal Support

Banca Monte dei Paschi di Siena said it got authorization from the Italian government to go through with its takeover of peer Mediobanca MB4.17%increase; green up pointing triangle as some of its ...

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