The shareholders' pact for Italy's Mediobanca , representing around 11.6% of the bank's capital, have rejected Monte dei ...
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 ...
The partners of the Mediobanca pact, aligning themselves with the Board of Directors, reject the Mps takeover bid as ...
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 complained about a web of crossholdings surrounding the bid. In November, when it cuts its stake to 11.7%, Italy brought onboard as MPS shareholders construction magnate Francesco ...
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 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 ...
MILAN/ROME (Reuters) -The discount to market prices represented by Monte dei Paschi's bid (MPS) for Mediobanca widened further on Monday, signalling deepening investor doubts over the bailed out ...
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 ...
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 ...
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