tiprankstipranks
Mediobanca readies defenses after unsolicited takeover offer, Bloomberg says
The Fly

Mediobanca readies defenses after unsolicited takeover offer, Bloomberg says

Mediobanca’s (MDIBY) CEO Alberto Nagel said a takeover attempt by Banca Monte Dei Paschi di Siena (BMDPF) was unsolicited and the investment bank is prepared to respond and possibly defend itself, Sonia Sirletti and Jerrold Colten of Bloomberg reports. “The offer has not been agreed on and the board of directors will meet in the next few days to examine it and express its assessments in this regard with the aim of protecting the interests of all stakeholders,” CEO Alberto Nagel said in a letter to employees, with was seen by Bloomberg.

Invest with Confidence:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App

Latest News Feed

More Articles