Mediobanca Board to Resign as Monte Dei Paschi Bid Period Ends, FT Says, Citing Sources

Dow Jones

Sep 08, 2025

--Board members of Italy's Mediobanca are set to announce their resignation at a meeting on Sept. 18 as rival Monte dei Paschi di Siena edges closer to securing control of the bank, the Financial Times reports, citing unnamed sources.

--Shareholders representing around 46% of Mediobanca's capital had tendered their shares to Monte dei Paschi's offer by Friday, and Monte dei Paschi is now targeting 50% acceptance by the closure of the period on Monday, which would allow it to appoint a new board, the FT reports.

--The entire board, including Chief Executive Alberto Nagel, would depart when new management is appointment, the FT reports, citing the same sources.

--Mediobanca declined to comment to the FT.

Full story: https://tinyurl.com/23abaumb

Write to Elena Vardon at elena.vardon@wsj.com

(END) Dow Jones Newswires

September 08, 2025 08:24 ET (12:24 GMT)

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Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4207","symbol_name":"综合性银行","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2565897546","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2565897546","pubTimestamp":1757334240,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"--Board members of Italy's Mediobanca are set to announce their resignation at a meeting on Sept. 18 as rival Monte dei Paschi di Siena edges closer to securing control of the bank, the Financial Times reports, citing unnamed sources.--Shareholders representing around 46% of Mediobanca's capital had tendered their shares to Monte dei Paschi's offer by Friday, and Monte dei Paschi is now targeting 50% acceptance by the closure of the period on Monday, which would allow it to appoint a new board, the FT reports.--The entire board, including Chief Executive Alberto Nagel, would depart when new management is appointment, the FT reports, citing the same sources.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4207":"综合性银行","MDIBY":"MedioBanca SpA","FT":"富兰克林通用信托"},"translate_title":"英国《金融时报》援引消息人士的话称，随着Monte Dei Paschi竞标期结束，Mediobanca董事会将辞职","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FT":1,"MDIBY":0.9},"content_text":"--Board members of Italy's Mediobanca are set to announce their resignation at a meeting on Sept. 18 as rival Monte dei Paschi di Siena edges closer to securing control of the bank, the Financial Times reports, citing unnamed sources. \n\n\n  --Shareholders representing around 46% of Mediobanca's capital had tendered their shares to Monte dei Paschi's offer by Friday, and Monte dei Paschi is now targeting 50% acceptance by the closure of the period on Monday, which would allow it to appoint a new board, the FT reports. \n\n\n  --The entire board, including Chief Executive Alberto Nagel, would depart when new management is appointment, the FT reports, citing the same sources. \n\n\n  --Mediobanca declined to comment to the FT. \n\n\n \n\n\n  Full story: https://tinyurl.com/23abaumb \n\n\n \n\n\n  Write to Elena Vardon at elena.vardon@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  September 08, 2025 08:24 ET (12:24 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"executive","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}