March 13, 2025

Monte dei Paschi shares fall 7% after lender launches surprise 13-billion-euro bid for Mediobanca

 Monte dei Paschi shares fall 7% after lender launches surprise 13-billion-euro bid for Mediobanca

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 domestic peer Mediobanca.