International Companies

Monte dei Paschi di Siena launches takeover bid for rival Mediobanca

By Alexander Bueso

Date: Friday 24 Jan 2025

(Sharecast News) - Italy's oldest lender jumped into the wave of consolidation sweeping over Italian banking.
Banca Monte dei Paschi di Siena launched a €13.3bn takeover bid for rival Mediobanca valuing the latter's shares at €15.992, which equates to a premium of 5%, with a proposed exchange ratio of 23 new...

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