Italian state-backed bank Monte dei Paschi di Siena said on Thursday securing at least 35% of Mediobanca's capital under its ...

State-backed Italian bank Banca Monte dei Paschi di Siena said its bid for rival Mediobanca would start on July 14 after the ...

Banca Monte dei Paschi di Siena SpA’s is set to take its hostile takeover offer for Mediobanca SpA to shareholders later this ...

MPS has received approval from the European Central Bank and plans to launch an all-share bid for Mediobanca next month.

The bank is touting its standalone growth prospects in the face of an unsolicited takeover bid from Monte dei Paschi.

Banca Monte dei Paschi di Siena said it will put its offer for the shares of peer Mediobanca to shareholders starting from July 14.

Integration plan due within six months of deal will detail funding strategies as well as IT and cyber security risks ...

Mediobanca projects a 45% increase in net profit over the three years to 2028, reaching €1.9bn ($2.2bn), with revenues expected to grow at an average annual rate of 6%, surpassing €4.4bn ($5.5bn).

Mediobanca SpA plans to return €4.9 billion ($5.7 billion) to shareholders by 2028, as the Italian lender seeks to defend against a takeover bid from rival Banca Monte dei Paschi di Siena SpA.

Italy's Mediobanca said on Friday it would offer shareholders rewards worth 4.9 billion euros ($5.73 billion), mostly in cash ...

Mediobanca has shown its opposition to the takeover bid, launched in January, warning it would weaken its business model.