OTC Markets OTCPK • USD Mediobanca Banca di Credito Finanziario S.p.A. (MDIBY) Follow Compare 16.54 0.00 (0.00%) At close: January 31 at 3:00:00 PM EST All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Fitch says MPS bid for Mediobanca carries risks, but too early to assess Monte dei Paschi di Siena's acquisition of bigger rival Mediobanca would be challenging to implement if the Tuscan bank's bid succeeded, Fitch Ratings said on Friday. While any assessment is premature, Fitch said MPS' ratings would likely be unaffected in the short term under the proposed terms of the transaction. However, the credit rating agency flagged risks Mediobanca could lose clients or staff given that MPS is perceived "as a weaker and less specialised peer" in corporate investment banking and wealth management. Ambitious Smaller Companies Hunt Big Prey as Bold M&A Returns (Bloomberg) -- The improving environment for deals is encouraging some smaller firms to start hunting much larger prey.Most Read from BloombergHow the 2025 Catholic Jubilee Is Reshaping RomeManhattan’s Morning Commute Time Drops With New Congestion TollTrump Paves the Way to Deputize Local Police on ImmigrationHistoric London Elevator Faces Last Stop in Labour’s Housing PushHousing Aid Uncertain After Trump’s Spending Freeze MemoAutomotive supplier American Axle & Manufacturing Holdings Inc., wh Milan mayor sides with Mediobanca, saying MPS bid is Rome-Milan match Milan mayor Giuseppe Sala on Wednesday sided with Mediobanca in a takeover battle launched by state-backed Monte dei Paschi di Siena (MPS), signalling the financial saga was becoming increasingly political. The state still owns 11.7% of the Tuscany-based bank, down from 68%. Mediobanca turns down Monte dei Paschi’s $14bn buyout offer The board is concerned that the MPS offer could undermine Mediobanca's identity and business profile. Italian bank Mediobanca rejects takeover bid by domestic rival Monte dei Paschi Italian bank Mediobanca on Tuesday rejected a surprise takeover attempt by domestic rival Monte dei Paschi di Siena. Mediobanca said in a statement that the offer “is devoid of industrial and financial rationale.” Monte dei Paschi, Italy’s oldest bank, launched a 13.3 billion-euro ($13.9 billion) takeover bid last week for larger Milan-based peer Mediobanca that aims to reshape the Italian banking sector. Mediobanca rejects Monte dei Paschi buyout bid, saying it is "devoid" of rationale Investing.com - Italian bank Mediobanca (BIT:MDBI) has rejected a takeover bid from peer Banca Monte dei Paschi di Siena (BIT:BMPS), arguing that the offer was "destructive" for its shareholders. Mediobanca Board Rejects Monte Paschi Bid as ‘Destructive’ (Bloomberg) -- Mediobanca SpA has rejected Banca Monte dei Paschi di Siena SpA’s takeover bid, turning the unsolicited approach into a hostile one.Most Read from BloombergTrump's Federal Funding Pause Threatens State Financials Texas HOA Charged With Discrimination for Banning Section 8 RentersBudapest Mayor Aims to Block Orban’s Plans to Build ‘Mini Dubai’Newsom Enlists Magic Johnson, Guggenheim CEO for LA RebuildingVienna Embraces Heat Pumps to Ditch Russian GasThe takeover offer presented by Mediobanca rejects Monte dei Paschi bid as lacking rationale MILAN (Reuters) -Italian bank Mediobanca on Tuesday rejected a takeover offer by state-backed rival Monte dei Paschi di Siena, saying a tie-up would be detrimental to its shareholders because it lacked any strategic and financial rationale. Monte dei Paschi's (MPS) bid is the latest in a series of Italian banking tussles that are reshaping the country's financial landscape as lenders brace for tougher times ahead, after higher interest rates fuelled record profits. MPS on Friday announced a 13.3 billion euro ($13.9 billion) buyout bid for Mediobanca, surprising investors, who voted down a move that would turn the bailed-out Tuscan bank from a takeover target into the buyer of a revered name in Italian finance. Bid discount indicates scepticism over MPS bid for Italian rival Mediobanca MILAN/ROME (Reuters) -The discount to market prices represented by Monte dei Paschi's bid (MPS) for Mediobanca widened further on Monday, signalling deepening investor doubts over the bailed out Tuscan bank's offer for a bigger rival. On Friday, the state-backed lender launched a surprise 13.3 billion euro all-share ($13.9 billion) buyout bid for Mediobanca, whose board meets on Tuesday to start reviewing the offer. Based on Italian rules, the board will be able to give formal advice to shareholders only once the bid's prospectus is public, in a few months' time. Mediobanca board to review MPS 13.3 billion euro bid on Tuesday, source says Mediobanca's board will meet on Tuesday to discuss a bid for the Italian merchant bank by state-backed Monte dei Paschi di Siena (MPS), a person close to the situation said. On Friday, MPS joined the consolidation wave sweeping Italian banking with a 13.3 billion euro ($13.96 billion) all-share offer to buy Mediobanca, which was welcomed by the Italian government, but puzzled analysts and investors. In a letter sent to staff on Saturday and seen by Reuters, Mediobanca's Chief Executive Alberto Nagel said the MPS offer had not been agreed with the bank and that the board would express its views, with the aim of protecting the interests of all stakeholders, particularly employees. Monte Paschi ‘Unthinkable’ Move on Larger Rival Stuns Italy (Bloomberg) -- The last time Banca Monte dei Paschi di Siena SpA bought another lender, it was the beginning of the road to collapse and nationalization.Most Read from BloombergWhat Happened to Hanging Out on the Street?Vienna Embraces Heat Pumps to Ditch Russian GasBillionaire Developer Caruso Slams LA Leadership Over WildfiresHow Sanctuary Cities Are Preparing for Another Showdown With TrumpHoboken PATH Station Will Close for Almost a Month on Jan. 30So when Paschi announced an unsolicited €13 Explainer-Billionaire Caltagirone's role in Italy's banking M&A wave MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in a reshaping of Italy's financial sector triggered by a surge in M&A activity. Caltagirone last year expanded his investments in Italy's financial sector, becoming a key shareholder in bailed-out bank Monte dei Paschi di Siena (MPS) and fund manager Anima Holding. He has long been the third-largest shareholder in Italy's biggest insurer Generali and has increased its stake in Mediobanca since 2021 to become the No. 2 investor in the Milanese bank. 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 2022, when Italy's Treasury picked him out to revive the fortunes of the world's oldest bank, five years after bailing it out. MPS stock traded at 7 euros this week when Lovaglio and his finance chief Andrea Maffezzoni have emerged from two all-nighters that ended in them launching a 13.3 billion euro ($14 billion) all-share takeover bid for larger rival Mediobanca, Italy's historic investment bank. MPS, which once threatened to spread contagion across the industry, is bidding for a bank that for decades held sway over Italy's financial arena. Monte dei Paschi bids for Mediobanca takeover The deal intensifies with MPS offering 23 of its shares for every 10 shares of Mediobanca, representing a 5% premium over the last closing price. Paschi’s €13 Billion Mediobanca Bid Adds Twist to Italian Saga (Bloomberg) -- Banca Monte dei Paschi di Siena SpA made a surprise offer to acquire larger rival Mediobanca SpA in a deal valued at €13.3 billion ($13.9 billion), adding a new twist in a series of takeover attempts that are shaking up Italy’s banking industry.Most Read from BloombergWhat Happened to Hanging Out on the Street?How Sanctuary Cities Are Preparing for Another Showdown With TrumpBillionaire Developer Caruso Slams LA Leadership Over WildfiresTexas HOA Charged With Discrimination for Ba Italian bank Monte dei Paschi launches 13 billion euro takeover bid for peer Mediobanca Italian bank Monte dei Paschi di Siena announced Friday it was launching a 13.3 billion euro ($13.9 billion) takeover bid for larger peer Mediobanca in a surprise move that could reshape the country’s banking sector. Monte Paschi, Italy's oldest bank, has a market capitalization of about 9 billion euros, while Mediobanca’s market value is about 12.7 billion euros. Under the terms of the offer, Mediobanca investors would receive 23 shares in Monte Paschi for every 10 Mediobanca shares they hold. Monte dei Paschi bids for Mediobanca as Italian banking drama escalates MILAN (Reuters) -State-backed Monte dei Paschi di Siena on Friday joined the consolidation wave sweeping Italian banking with a surprise 13.3 billion euro ($14 billion) all-share offer to buy merchant bank Mediobanca. The takeover offer, which was welcomed by the government but puzzled analysts and investors, comes after previous attempts to return Monte dei Paschi (MPS) to the private sector failed. UniCredit CEO Andrea Orcel ditched a proposed MPS acquisition in 2021 and bid instead in November for Banco BPM, derailing government plans for an MPS-BPM tie-up. Monte Paschi Explores Deal for Italy’s Mediobanca (Bloomberg) -- Italian lender Banca Monte dei Paschi di Siena SpA is exploring a potential deal for Mediobanca SpA, people with knowledge of the matter said.Most Read from BloombergWhat Happened to Hanging Out on the Street?How Sanctuary Cities Are Preparing for Another Showdown With TrumpBillionaire Developer Caruso Slams LA Leadership Over WildfiresTexas HOA Charged With Discrimination for Banning Section 8 RentersHoboken PATH Station Will Close for Almost a Month on Jan. 30Monte Paschi is con Mediobanca SpA (MDIBF) Q1 2025 Earnings Call Highlights: Strong Growth in Net New Money and Fee ... Mediobanca SpA (MDIBF) reports robust financial performance with significant increases in net new money, fee growth, and profitability across key sectors. Mediobanca SpA (MDIBF) Q1 2025 Earnings Call Highlights: Strong Growth in Commercial Flow and ... Mediobanca SpA (MDIBF) reports robust net new money and loan growth, while navigating profitability pressures and strategic shifts in consumer finance. Performance Overview Trailing total returns as of 1/31/2025, which may include dividends or other distributions. Benchmark is FTSE MIB Index Return MDIBY FTSE MIB Index YTD +13.01% +6.69% 1-Year +34.51% +19.10% 3-Year +84.74% +37.29%