Hostile EU bank M&A raises risk of winner’s curse
Launching an unwelcome takeover of a rival bank used to be a sign of dangerous excess. These days, it seems to be the most ...
No job cuts expected from potential MPS-Mediobanca deal - FABI union
Italian banking union FABI does not expect redundancies from a potential deal between Banca Monte dei Paschi (MPS) and ...
Italian bank Mediobanca rejects takeover bid by domestic rival Monte dei Paschi
Monte dei Paschi, Italy’s oldest bank, launched a 13.3 billion-euro ($13.9 billion) takeover bid last week for larger ...
Italian Premier Giorgia Meloni says she is being investigated for repatriating a Libyan warlord
Italian Premier Giorgia Meloni says that Rome prosecutors have opened an investigation against her and two government ...
Mediobanca rejects Monte dei Paschi bid as lacking rationale
Italian bank Mediobanca on Tuesday rejected a takeover offer by state-backed rival Monte dei Paschi di Siena , saying a ...
Italy's Mediobanca rejects Monte dei Paschi's 'destructive' 13-billion-euro takeover bid
Tuscany's bailed-out Monte dei Paschi had unexpectedly launched a 13-billion-euro all-share takeover proposal for Mediobanca.
European Banks May Find It Tough to Repeat Strong End-Of-Year Performance
LONDON/MADRID (Reuters) - European banks are expected to report a sharp rise in profits for the final three months of last ...
How billionaire Caltagirone could influence Italy's banking M&A wave
MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of ...
Mediobanca Board to Review MPS 13.3 Billion Euro Bid on Tuesday, Source Says
On Friday, MPS joined the consolidation wave sweeping Italian banking with a 13.3 billion euro ($13.96 billion) all-share ...
Italy's Monte dei Paschi bids 13.3 bn euros for Mediobanca
Italian bank Monte dei Paschi di Siena said Friday that it was launching a bid for its larger rival Mediobanca, a potential ...
Mediobanca Stock Jumps on Bid From Rival Monte dei Paschi
Another European bank is in play, with Italy's Mediobanca fielding a surprise takeover offer from rival Monte dei Paschi. Shares in the target surged, while those in the bidder fell. Get the full stor ...