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Home > Finance > Mediobanca shareholders' pact reject MPS takeover bid

Finance

Mediobanca shareholders' pact reject MPS takeover bid

Published by Global Banking and Finance Review

Posted on February 19, 2025

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MILAN (Reuters) - The shareholders' pact for Italy's Mediobanca, representing around 11.6% of the bank's capital, have rejected Monte dei Paschi di Siena (MPS) takeover bid, a shareholder said on Wednesday after a pact meeting.

Mediobanca's board has also rejected the bid.

(Reporting by Gianluca Semeraro, writing by Francesca Piscioneri, editing by Alvise Armellini)

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