Monte dei Paschi shares fall 7% after lender launches surprise 13-billion-euro bid for Mediobanca
Italy's bailed-out Monte dei Paschi di Siena on Friday launched a 13.3 billion euro all-share takeover offer for larger ...
How Italy's MPS Went From Near Collapse to Bid for Revered Merchant Bank
MILAN (Reuters) - Monte dei Paschi (MPS) CEO Luigi Lovaglio has pulled several all-nighters since arriving in Siena in early ...
Monte Paschi’s ‘Unthinkable’ Move on Larger Rival Stuns Italy
So much of Italy was shocked to wake up to an announcement on Friday that the world’s oldest bank — which is still subject to ...
World’s Oldest Bank Joins Rush to Consolidate European Lending
Monte dei Paschi launched a near-$14 billion offer to buy counterpart Mediobanca, a fresh twist in the consolidation of Italy ...
Factbox-Who Owns What in Italy's Banking Battles
ROME (Reuters) - Bailed-out lender Monte dei Paschi di Siena (MPS) launched on Friday a 13.3 billion euro ($13.9 billion) all ...