Unipol-backed BPER joins Italy's M&A frenzy with $4.5 billion Pop Sondrio bid
Italy's fourth-largest bank BPER on Thursday joined in a raft of takeover bids rocking the country's financial sector, with a ...
Mediobanca suitor MPS says investors starting to understand deal
By Valentina Za MILAN (Reuters) -Monte dei Paschi CEO Luigi Lovaglio said initial meetings with investors to explain the ...
Monte Paschi's Q4 profits exceed expectations
Investing.com -- Banca Monte dei Paschi di Siena SpA, an Italian banking institution, reported a fourth-quarter net income of €384.9 million ($400 million), surpassing the analysts' projected profit ...
Italy makes a meal of bank takeovers
Italian financiers rarely opt for a simple plan where a complicated one would do. That shows in a five-way pile-up taking shape between the country’s banks and insurers. It’s a power struggle that ...
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UniCredit builds stake in Generali, further complicating fight for Italian financial sector
The Milan-based bank said its holding is “a pure financial investment” and asserted that it has “no strategic interest in ...
Politico Europe5d
Italian banking battle escalates as UniCredit quietly buys shares in coveted insurer
UniCredit acquires stake of less than 4 percent in Generali Group, according to people familiar with the matter.
Paschi Takeover Could Be Negative for Mediobanca, Moody’s Says
Moody’s Ratings sees some potential risks for Mediobanca SpA in a possible combination with Banca Monte dei Paschi di Siena ...
Fitch Says MPS Bid for Mediobanca Carries Risks, but Too Early to Assess
However, the credit rating agency flagged risks Mediobanca could lose clients or staff given that MPS is perceived "as a ...
Ambitious Smaller Companies Hunt Big Prey as Bold M&A Returns
Last week, Italian lender Banca Monte dei Paschi di Siena SpA launched an all-stock takeover bid for larger rival Mediobanca ...