Monte dei Paschi secures 62.3% of Mediobanca shares

Banca Monte dei Paschi di Siena (BMPS) has secured the majority of Mediobanca after its shareholders accepted BMPS’ takeover offer. In a statement, BMPS said during the acceptance period, which ended on 8 September, “total acceptances of the offer reached 62.3% of the share capital of Mediobanca”. “This transaction creates a new competitive force, among the leaders in the Italian banking sector, offering a wide and diversified range of products and services for the benefit of households, businesses and c ...