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Monte Paschi Raises Mediobanca Bid by Adding €750 Million Cash

MPS is adding a cash component of €0.90 per share to its takeover bid for Mediobanca and is abandoning the 66.67% stake. Facts, figures, and commentary. The board of directors of Monte dei Paschi di Siena has approved an increase in its offer for Mediobanca , with a cash component of €0.90 per share. The bank announced the increase in its offer in a press release. This increase will affect everyone, including those who have already accepted the …

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Bloomberg

Lean Left

Monte Paschi Raises Mediobanca Bid by Adding €750 Million Cash

8 days ago·United States

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ilmessaggero.it

Center

From Mps a Raise of 0.9 Euros per Share for Mediobanca, on the Other Plate 750 Million Euros

Expected by the market, the raise at the end arrived. Banca Monte dei Paschi di Siena ?adds? 0.9 euros in cash per share to the exchange offer on Mediobanca that,...

9 days ago

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ANSA

Center

MPS raises bid for Mediobanca

Monte dei Paschi di Siena (MPS) said Tuesday that it was raising its bid for control of Mediobanca, adding a cash component of 0.90 euros per share on top of its offer of 2.533 of its own shares for every Mediobanca share. (ANSA)

9 days ago·Italy

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Il Fatto Quotidiano

Lean Left

Montepaschi Drops the Ace on Mediobanca: 750 Million in Cash to Conquer the Fort

The retouching in fact cancels the discount to which he dealt the offer on Stock Exchange, but does not add no incentive to the shareholders of Mediobanca that Monday was worth 20,70 euros against 20,77 of the raise

9 days ago·Rome, Italy

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Il Sole 24 Ore

Lean Right

Mps, Yes to the Revival for Mediobanca

The Sienese institute adds a cash component from 0,9 euro per share to the offer to conquer Piazzetta Cuccia and renounces the condition of the threshold to 66,67%

9 days ago·Milan, Italy

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