Lovaglio has the backing of construction tycoon Francesco Caltagirone and the heirs of the late billionaire Leonardo Del ...

Monte dei Paschi di Siena downplayed the potential impact of ongoing market turbulence on its 13-billion-euro offer for ...

Italy's Monte dei Paschi di Siena said leading investor Francesco Gaetano Caltagirone had increased his stake in the bank, in ...

By Valentina Za SIENA, Italy (Reuters) -Monte dei Paschi di Siena expects to launch its 12.5 billion euro ($14 billion) ...

JANUARY 2025 - MPS launches an unsolicited buyout offer for Mediobanca, of which Caltagirone and Del Vecchio's heirs own 27%.

Under the pretext of "national security", the Government shows that it puts political interests before economic ones. The result? Damage to Italy's image and a flight of foreign capital ...

Norway’s sovereign wealth fund, which owns a stake of more than 2.5% in Banca Monte dei Paschi di Siena SpA, plans to back ...

After Algebris and Pimco, Norges Bank also in favor of the increase in view of the meeting of April 17. Caltagirone rises ...

(Bloomberg) — Investors owning 74% of Banca Monte dei Paschi di Siena SpA convened Thursday, putting Chief Executive Officer Luigi Lovaglio on track to go ahead with his bid for rival Mediobanca SpA.

Banca Monte dei Paschi di Siena said it got authorization from the Italian government to go through with its takeover of peer Mediobanca MB4.17%increase; green up pointing triangle as some of its ...

MPS was rescued by the state in 2017 after a decade on the brink Approvals for Mediobanca bid expected end-June or July Mediobanca has rejected all-share bid as hostile Core of Italian ...

Siena, ITALY — Monte dei Paschi di Siena is holding firm on its plans to acquire Mediobanca for 13 billion euros ($14.3 billion) despite ongoing market turbulence, telling CNBC it will complete ...