Banca Monte dei Paschi di Siena SpA offered to acquire larger rival Mediobanca SpA in a €13.3 billion ($13.9 billion) all-share deal, the latest unexpected twist in a series of takeover attempts ...
Italian bank Monte dei Paschi di Siena has announced it is launching a 13.3 billion euro takeover bid for larger peer ...
The surprise move is the latest amid a wave of consolidation in the country’s banking industry in recent months and would ...
CEO Luigi Lovaglio has pulled several all-nighters since arriving in Siena in early 2022, when Italy's Treasury picked him ...
The situation is made more complex by key shareholders in the banks involved owning stakes in other lenders as well as ...
Italian bank Monte dei Paschi di Siena said Friday that it was launching a bid for its larger rival Mediobanca in a potential ...
Under founder Enrico Cuccia, Mediobanca pulled the strings of Italian post-war finance. Now it is under siege, with former ...