Finance
Mediobanca to assess sweetened MPS bid on Thursday, source says
Published by Global Banking & Finance Review®
Posted on September 2, 2025
1 min readLast updated: January 22, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on September 2, 2025
1 min readLast updated: January 22, 2026
Mediobanca's board will assess an improved MPS bid, including a 750 million euro cash component, amid Italian banking consolidation.
MILAN (Reuters) -The board of Italian merchant bank Mediobanca will meet on Thursday to assess an improved offer by state-backed Banca Monte dei Paschi di Siena (MPS), a source close to the situation said on Tuesday.
MPS surprised investors in January by launching an all-share bid for the Milan-based larger rival, amid a consolidation wave sweeping Italian banking.
On Tuesday it raised its bid price by adding a 750 million euro cash component to its proposal, in a move aimed at gaining full control of the merchant bank.
Mediobanca has repeatedly opposed the MPS takeover offer, saying the price was "totally inadequate" and some 32% lower than what the bank's board deemed fair.
(Reporting by Gianluca Semeraro, editing by Keith Weir)
The board of Mediobanca will meet to assess an improved offer made by Banca Monte dei Paschi di Siena (MPS).
MPS raised its bid price by adding a 750 million euro cash component to its proposal to gain full control of Mediobanca.
Mediobanca has opposed the MPS takeover offer, stating that the price is 'totally inadequate' and significantly lower than what its board considers fair.
MPS surprised investors in January by launching an all-share bid for Mediobanca amid a consolidation wave in Italian banking.
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