Monte dei Paschi bids for Mediobanca as Italian banking drama escalates
By Valentina Za and Gianluca Semeraro MILAN (Reuters) -State-backed Monte dei Paschi di Siena on Friday joined the ...
Italian bank M&A serves high drama and low premium
Monte dei Paschi di Siena ’s all-share offer for Mediobanca looks underwhelming, viewed through the lens investors use to assess such deals. True, combining the €8bn Tuscan retail and commercial ...
Monte dei Paschi bids for Mediobanca takeover
The deal intensifies with MPS offering 23 of its shares for every 10 shares of Mediobanca, representing a 5% premium over the ...
GlobalCapital3h
Political hand suspected as Monte dei Paschi makes astonishing Mediobanca bid
Attention focused immediately on the intentions of the billionaire Del Vecchio and Caltagirone families. The late Leonardo ...
Bank M&A in the new Italy evokes old Italy’s flaws
Under founder Enrico Cuccia, Mediobanca pulled the strings of Italian post-war finance. Now it is under siege, with former ...
reinsurancene5h
Generali & MIT collaborate to research AI-based applications
Italian insurer Generali has launched a research collaboration with the Massachusetts Institute of Technology (MIT) to ...
Factbox-Key shareholders in Italy's banking battles
Italian bank Monte dei Paschi di Siena (MPS)'s all-share buyout offer for Mediobanca on Friday is the latest surprise twist ...
Vietnam Investment Reviev8h
BPCE and Generali to create largest European asset manager
Assicurazioni Generali S.p.A. (Generali) and BPCE announced on January 21 that they have signed a non-binding Memorandum of ...
FIRSTonline9h
The takeover of MPS, wanted by Caltagirone and Delfin, does not convince the market due to the non-neutral role of the Government
The surprising takeover bid by MPS on Mediobanca will trigger the passivity rule of Piazzetta Cuccia in view of the Generali ...
FIRSTonline11h
Mps, Mediobanca sinks: Totalitarian takeover bid, valuation 13,3 billion. Earthquake in finance: effects on Generali?
Monte dei Paschi di Siena announces an operation for the acquisition of Mediobanca, with a move that would herald a real earthquake in the dynamics of Italian finance by shifting the balance of ...