MPS's 13.3 billion euro ($13.8 billion) all-share bid for the Milanese rival ... Delfin and Caltagirone together own 27% of Mediobanca, 15% of MPS and 17% of insurer Generali. The state still owns 11.7% of the Tuscany-based bank, down from 68%.

Mediobanca's board will meet on Tuesday to discuss a bid for the Italian merchant bank by state-backed Monte dei Paschi di Siena (MPS), a person close to the situation said. On Friday, MPS joined the consolidation wave sweeping Italian banking with a 13.

Shares in Monte dei Paschi (MPS) fell again on Monday, extending Friday's losses, signalling lingering investor doubts over the bailed out Tuscan bank's bid for bigger rival Mediobanca .

MPS shares were down 1.6% by 0820 GMT, having fallen 2% on Monday and 7% on Friday. Based on the proposed exchange ratio, that entails a value of 14.735 euros for each Mediobanca share, which on Tuesday traded instead at 16.435 euros.

Italian bank Monte dei Paschi di Siena said Friday that it was launching a bid for all Mediobanca shares in a potential 13.3 billion euro ($13.9 billion) deal.

On Friday, MPS joined the consolidation wave sweeping Italian banking with a 13.3 billion euro ($13.96 billion) all-share offer to buy Mediobanca, which was welcomed by the Italian government ...

Monte dei Paschi, Italy’s oldest bank, launched a 13.3 billion-euro ($13.9 billion) takeover bid last week for larger Milan-based peer Mediobanca that aims to reshape the Italian banking sector. Monte dei Paschi said that the tie-up would generate 700 million euros ($733 million) a year in pretax synergies, and deliver significant profits.

Italy’s bailed-out Monte dei Paschi di Siena on Friday launched a 13.3 billion euro all-share takeover offer for larger domestic peer Mediobanca.

Mediobanca's board of directors on Tuesday rejected a 13.3-billion-euro takeover bid by smaller rival Monte dei Paschi di Siena (MP

Citi analyst Azzurra Guelfi raised the firm’s price target on Mediobanca (MDIBY) to EUR 18.20 from EUR 16.35 and keeps a Buy rating on the

Italy's bailed-out Monte dei Paschi di Siena on Friday launched a 13.3 billion euro ($13.95 billion) all-share takeover offer for larger domestic peer Mediobanca. Shares of Monte dei Paschi (MPS ...