Bid discount indicates scepticism over MPS bid for Italian rival Mediobanca
The discount to market prices represented by Monte dei Paschi's bid (MPS) for Mediobanca widened further on Monday, ...
The Banker14d
European banks to return €123bn to shareholders for second year; Commerzbank says UniCredit’s approach is hostile
European banks are set to return around €123bn to shareholders for the second consecutive year, driven by surging dividends ...
The Banker13d
MPS launches €13bn takeover bid for Mediobanca; Commerzbank CEO reportedly declines merger talks with UniCredit boss
Italian lender Monte dei Paschi di Siena has launched a €13.3bn takeover offer for its larger domestic rival Mediobanca. The offer, announced on Friday, values Mediobanca’s shares at €15.99 each, a 5 ...
The Financial Times14d
European banks to reward investors with bumper €123bn in payouts
HSBC, BNP Paribas and UniCredit are expected to return the largest amounts to shareholders on the back of their 2024 results, according to UBS’s forecasts, distributing €19.3bn, €11.6bn and €8.8bn, ...