Market
How will Mediobanca's stock price change by March 31, 2025, following Mps's takeover bid announcement?
2
Resolution / Starting Odds
Increase by over 10% • 25%
Increase by 0-10% • 25%
Decrease by 0-10% • 25%
Decrease by over 10% • 25%
Stock market data, financial news outlets
Story
Mps Launches Public Exchange Offer for Mediobanca at 13.3 Billion Euros, Aiming to Impact Assicurazioni Generali
Jan 24, 2025, 06:19 AM
Banca Monte dei Paschi di Siena (Mps) announced on Friday a takeover bid for Mediobanca, valuing the latter at 13.3 billion euros. The public exchange offer aims for total control of Mediobanca, offering a 5.03% premium over the closing price of Mediobanca's stock on the previous day. This move is seen as a potential game-changer in Italy's banking sector, aiming to create a new national banking champion that would rank third in key segments. The integration of Mps, a traditional commercial bank, with Mediobanca, an investment bank with operations in asset management and consumer credit, is expected to generate significant industrial synergies. The deal would also impact the control of Assicurazioni Generali, where Mediobanca holds a 13% stake.
View original story
Similar markets
Mediobanca stock rises over 10% • 25%
Monte Paschi stock falls over 10% • 25%
Monte Paschi stock rises over 10% • 25%
Mediobanca stock falls over 10% • 25%
Takeover modified • 25%
Successful takeover • 25%
Takeover withdrawn • 25%
Takeover blocked • 25%
Revised Offer Accepted • 25%
MPS Withdraws Bid • 25%
Successful Merger • 25%
Bid Rejected • 25%
Withdrawn by Monte Paschi • 25%
Rejected by regulators • 25%
Approved but not completed • 25%
Approved and completed • 25%
Yes • 50%
No • 50%
Approved • 33%
Postponed • 34%
Rejected • 33%
Decrease ≤ 10% • 25%
Decrease > 10% • 25%
Increase > 10% • 25%
Increase ≤ 10% • 25%