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Mediobanca Reiterates Opposition to Monte Paschi Takeover Bid

Mediobanca Reiterates Opposition to Monte Paschi Takeover Bid

Bloomberg11-07-2025
Mediobanca SpA rejected once again a takeover by Banca Monte dei Paschi di Siena SpA saying the offer is too low and the deal is lacking rationale, ahead of the start of the offer period Monday.
The bank said a combination between the two lenders would be 'unnatural, and highly value-destructive,' according to a statement issued after a board meeting Friday. The board of directors also reiterated that Monte Paschi offer is 'not fair'.
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