How will Delfin's shareholding in Monte dei Paschi or Mediobanca change by Q3 2025 post-takeover bid?
Increase in Delfin's shareholding • 25%
Decrease in Delfin's shareholding • 25%
No change in Delfin's shareholding • 25%
Delfin exits shareholding • 25%
Official shareholding disclosures or financial news outlets
Monte dei Paschi Launches €13.3 Billion All-Share Hostile Takeover Bid for Mediobanca by Q3 2025
Jan 24, 2025, 09:04 AM
Banca Monte dei Paschi di Siena SpA has launched a €13.3 billion ($13.9 billion) all-share takeover bid for Mediobanca SpA, aiming to create a new national banking champion in Italy. The offer, which values Mediobanca at a 5.03% premium over its closing price, is set to be completed by the third quarter of 2025. The move has been met with opposition from Mediobanca, which considers the bid hostile. The Italian government, holding an 11.7% stake in Monte dei Paschi, has not imposed any limits on the operation. Key shareholders in both banks, including Delfin, the holding company of the late Leonardo Del Vecchio, and Francesco Gaetano Caltagirone, are also significant stakeholders in Generali, where Mediobanca holds a 13.1% stake. The proposed merger would result in the delisting of Mediobanca from Euronext Milan, aiming to integrate and grow the combined entity into a major player in Italy's banking sector.
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Delfin increases stake • 25%
Caltagirone increases stake • 25%
Both increase stake • 25%
Neither increase stake • 25%
Caltagirone increases stake • 25%
No change in stakes • 25%
Both increase stakes • 25%
Delfin increases stake • 25%
Approved but not completed • 25%
Withdrawn by Monte Paschi • 25%
Rejected by regulators • 25%
Approved and completed • 25%
Postponed • 34%
Rejected • 33%
Approved • 33%
Offer rejected • 25%
Successful takeover • 25%
Offer modified • 25%
Offer withdrawn • 25%
Takeover blocked • 25%
Takeover modified • 25%
Takeover withdrawn • 25%
Successful takeover • 25%
Monte Paschi stock rises over 10% • 25%
Monte Paschi stock falls over 10% • 25%
Mediobanca stock rises over 10% • 25%
Mediobanca stock falls over 10% • 25%
Successful Merger • 25%
MPS Withdraws Bid • 25%
Revised Offer Accepted • 25%
Bid Rejected • 25%
Decrease by over 10% • 25%
Increase by over 10% • 25%
Increase by 0-10% • 25%
Decrease by 0-10% • 25%
No • 50%
Yes • 50%
No change in Mediobanca's stake in Generali • 25%
Increase in Mediobanca's stake in Generali • 25%
Mediobanca exits stake in Generali • 25%
Decrease in Mediobanca's stake in Generali • 25%