Italy’s oldest bank makes multi-billion takeover bid for Mediobanca
The deal could potentially help both Monte dei Paschi and Mediobanca maintain a robust capital position, as well as deliver profits.
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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.
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