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Mediobanca Banca di Credito Finanziario S.p.A. (MDIBY)

18.34

+0.41

+(2.26%)

At close: April 22 at 4:00:00 PM EDT

European Stocks Trim Losses as China Sees Potential for US Talks

(Bloomberg) -- European equities closed modestly lower on Wednesday, as China’s signal that it could be open to trade talks allowed the market to pare earlier losses. Most Read from BloombergHow Did This Suburb Figure Out Mass Transit?Trump Signs Executive Orders on Federal Purchasing, Office SpaceWhy the Best Bike Lanes Always Get BlamedLA County Floats Leaner Budget Burdened by Fire and Legal CostsThe Stoxx Europe 600 Index ended the session down 0.2%, snapping a two-day winning streak. Howeve

Bloomberg 6 days ago

ASML

ASMLF

MDIBF
MPS chief puts revamp of world's oldest bank to market test with Mediobanca bid

When a group of Harvard Business School students visited Italy's Monte dei Paschi di Siena in January, they gathered notes to build a case study on how to turn around a bank. The strength of that case may now depend on whether shareholders on Thursday approve CEO Luigi Lovaglio's surprise 12-billion-euro ($13.6 billion) hostile takeover offer for rival Mediobanca, made just days after the student visit. Advisory group Institutional Shareholder Services has urged shareholders to reject the plan as it leaves "little margin for error", while rival Glass Lewis is in favour, saying Lovaglio's track record provides guarantees for shareholders.

Reuters 8 days ago

MDIBY
+2.26%
Monte Dei Paschi Gets Italy’s Green Light for Mediobanca Deal as Top Shareholders Signal Support

Banca Monte dei Paschi di Siena launched a surprise $14 billion-takeover offer for its peer in January.

The Wall Street Journal 8 days ago

MDIBF

MDIBY
+2.26%
What is next in Italy's banking saga?

The raft of takeover attempts rocking Italy's financial sector will be put to a market test in the coming months, when investors in the target companies will be deciding whether to tender their shares. After receiving a green light from the Bank of Italy on Wednesday, Banco BPM starts the dance this month with its proposed purchase of fund manager Anima Holding. UniCredit is expected to follow suit in April with its own buyout bid for Banco BPM.

Reuters last month

BAMI.MI

UNCRY

G.MI
Mediobanca SpA (MDIBY) (Q1 2025) Earnings Call Highlights: Record Revenue and Strategic Growth ...

Mediobanca SpA (MDIBY) reports strong financial performance with record revenue, while addressing potential risks from a proposed merger and high cost ratios.

GuruFocus.com 2 months ago

MDIBY
+2.26%
Mediobanca Lifts Shareholder Return Target

The upgrade comes after Mediobanca CEO Alberto Nagel highlighted faster growth at the bank and as the country’s banking sector is in the midst of an M&A spree.

The Wall Street Journal 2 months ago

MDIBF

MDIBY
+2.26%
Trending tickers: Alibaba, TSMC, United States Steel, BP and ITV

The latest investor updates on stocks that are trending on Monday.

Yahoo Finance UK 2 months ago

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Stocks to watch this week: BP, Barclays, NatWest, AirBnB and Lyft

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Yahoo Finance UK 2 months ago

TKOMF

TKOMY

MRNA
Exclusive-Billionaire Generali investor weighs candidates for CEO challenge

One of Generali's biggest investors is considering challenging the reappointment of longstanding CEO Philippe Donnet in May and is weighing potential alternative candidates to lead Italy's biggest insurer, four sources close to the matter said. Three years ago Francesco Gaetano Caltagirone, an Italian construction and publishing billionaire with a 6.9% stake in Generali led a failed attempt to replace Donnet, who had backing from the insurer's board and its biggest shareholder Mediobanca. Caltagirone, as well as the late billionaire Leonardo Del Vecchio, has criticised Donnet, at the helm of the insurer since 2016, for failing to grow Generali sufficiently.

Reuters 2 months ago

G.MI

CALT.MI

MDIBY
+2.26%
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.

Reuters 2 months ago

MDIBY
+2.26%
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%.

Reuters 2 months ago

MDIBY
+2.26%
G.MI
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.

Private Banker International 2 months ago

MDIBY
+2.26%
BMPS.MI
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.

Associated Press Finance 2 months ago

MDIBY
+2.26%
BMPS.MI
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.

Investing.com 2 months ago

MDIBY
+2.26%
BMPS.MI
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.

Reuters 2 months ago

MDIBY
+2.26%
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.

Reuters 2 months ago

BMPS.MI

MDIBY
+2.26%
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.

Reuters 2 months ago

MDIBY
+2.26%
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.

Reuters 2 months ago

CALT.MI

MDIBY
+2.26%
G.MI
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.

Reuters 2 months ago

MDIBY
+2.26%
CALT.MI

G.MI
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.

Private Banker International 2 months ago

MDIBY
+2.26%

Performance Overview

Return	MDIBY	FTSE MIB Index (FTSEMIB.MI)
YTD	+25.28%	+6.54%
1-Year	+36.74%	+5.99%
3-Year	+130.07%	+50.01%

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Mediobanca Banca di Credito Finanziario S.p.A. (MDIBY)

European Stocks Trim Losses as China Sees Potential for US Talks

MPS chief puts revamp of world's oldest bank to market test with Mediobanca bid

Monte Dei Paschi Gets Italy’s Green Light for Mediobanca Deal as Top Shareholders Signal Support

What is next in Italy's banking saga?

Mediobanca SpA (MDIBY) (Q1 2025) Earnings Call Highlights: Record Revenue and Strategic Growth ...

Mediobanca Lifts Shareholder Return Target

Trending tickers: Alibaba, TSMC, United States Steel, BP and ITV

Stocks to watch this week: BP, Barclays, NatWest, AirBnB and Lyft

Exclusive-Billionaire Generali investor weighs candidates for CEO challenge

Fitch says MPS bid for Mediobanca carries risks, but too early to assess

Milan mayor sides with Mediobanca, saying MPS bid is Rome-Milan match

Mediobanca turns down Monte dei Paschi’s $14bn buyout offer

Italian bank Mediobanca rejects takeover bid by domestic rival Monte dei Paschi

Mediobanca rejects Monte dei Paschi buyout bid, saying it is "devoid" of rationale

Mediobanca rejects Monte dei Paschi bid as lacking rationale

Bid discount indicates scepticism over MPS bid for Italian rival Mediobanca

Mediobanca board to review MPS 13.3 billion euro bid on Tuesday, source says

Explainer-Billionaire Caltagirone's role in Italy's banking M&A wave

How Italy's MPS went from near collapse to bid for revered merchant bank

Monte dei Paschi bids for Mediobanca takeover

Performance Overview