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Mediobanca rejects Monte dei Paschi bid

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 tie-up would be detrimental to its shareholders because it lacked any strategic and financial rationale.

Mediobanca rejects MPS takeover bid, calling it ‘destructive of value’

Mediobanca rejected a €7bn takeover bid from MPS, calling it “destructive of value” and warning it would weaken its business model.

CNBC on MSN · 1d

Italy's Mediobanca rejects Monte dei Paschi's ‘destructive' takeover bid

Tuscany’s bailed-out Monte dei Paschi had unexpectedly launched a 13-billion-euro all-share takeover proposal for Mediobanca.

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Bid discount indicates scepticism over MPS bid for Italian rival Mediobanca

Shares in Monte dei Paschi (MPS) fell again on Monday, extending Friday's losses, signalling lingering investor doubts over ...

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Mediobanca Said to Question Strategic Fit, Value of Paschi Deal

Mediobanca SpA sees little merit in a takeover by Banca Monte dei Paschi di Siena SpA because the strategies of the two ...

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Mediobanca readies defenses after unsolicited takeover offer, Bloomberg says

CEO Alberto Nagel said a takeover attempt by Banca Monte Dei Paschi di Siena (BMDPF) was unsolicited and the investment ...

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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 ...

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Mediobanca rechaza oferta de Monte Paschi por considerarla “destructiva”

Mediobanca SpA rechazó la oferta de adquisición de Banca Monte dei Paschi di Siena SpA, convirtiendo el acercamiento no ...

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