Monte Dei Paschi Secures 86.3% of Rival Mediobanca

Dow Jones

Sep 23

By Najat Kantouar

Monte dei Paschi di Siena gained control of 86.3% of rival Mediobanca, in an offer that values the bank at around $19 billion.

The Italian lender said late Monday that 86.3% of the share capital of Mediobanca has been brought into acceptance of the offer. As a result, Monte dei Paschi will hold a total of approximately 702.1 million shares in Mediobanca.

The payment date is set for Sep. 29.

Monte dei Paschi launched a takeover offer for its larger peer in January--which Mediobanca's management rejected--aiming to create Italy's third largest lender by combining the target heft in investment-banking and wealth-management with its strength in retail banking.

Earlier this month, Monte dei Paschi topped up its all-share offer with a cash component in a bid to win over Mediobanca shareholders. The offer valued the bank at around 16.15 billion euros ($19.06 billion).

Write to Najat Kantouar at najat.kantouar@wsj.com

(END) Dow Jones Newswires

September 23, 2025 01:34 ET (05:34 GMT)

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As a result, Monte dei Paschi will hold a total of approximately 702.1 million shares in Mediobanca. \n</p>\n<p>\n  The payment date is set for Sep. 29. \n</p>\n<p>\n  Monte dei Paschi launched a takeover offer for its larger peer in January--which Mediobanca's management rejected--aiming to create Italy's third largest lender by combining the target heft in investment-banking and wealth-management with its strength in retail banking. \n</p>\n<p>\n  Earlier this month, Monte dei Paschi topped up its all-share offer with a cash component in a bid to win over Mediobanca shareholders. 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As a result, Monte dei Paschi will hold a total of approximately 702.1 million shares in Mediobanca.The payment date is set for Sep. 29.Monte dei Paschi launched a takeover offer for its larger peer in January--which Mediobanca's management rejected--aiming to create Italy's third largest lender by combining the target heft in investment-banking and wealth-management with its strength in retail banking.Earlier this month, Monte dei Paschi topped up its all-share offer with a cash component in a bid to win over Mediobanca shareholders. The offer valued the bank at around 16.15 billion euros .","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4207":"综合性银行","MDIBY":"MedioBanca SpA"},"translate_title":"Monte Dei Paschi获得竞争对手Mediobanca 86.3%的股份","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MDIBY":0.9},"content_text":"By Najat Kantouar \n\n\n \n\n\n   Monte dei Paschi di Siena gained control of 86.3% of rival Mediobanca, in an offer that values the bank at around $19 billion. \n\n\n   The Italian lender said late Monday that 86.3% of the share capital of Mediobanca has been brought into acceptance of the offer. 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