MPS's Lengthy Takeover Process Weighed on Mediobanca's Performance -- Market Talk

Dow Jones

Nov 06

1048 GMT - The long tender process through which Monte dei Paschi won over Mediobanca's shareholders and secured a takeover of the Italian bank weighed on the target's third-quarter performance, Jefferies says in a note. The impact of the process was reflected in the results of Mediobanca's corporate and investment banking, and wealth management units. The slowdown in business needs to be seen in the context of the takeover battle, which concluded in September and led to the resignation of Mediobanca's management team, analysts Marco Nicolai and Joseph Dickerson write. "These elements seem temporary, as the franchise strength appears to have been maintained, as shown by increased deposits and total financial asset balances, while the number of employees is also up [on quarter]," they add. Mediobanca shares trade 1.6% lower at 16.67 euros. (elena.vardon@wsj.com)

(END) Dow Jones Newswires

November 06, 2025 05:48 ET (10:48 GMT)

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The impact of the process was reflected in the results of Mediobanca's corporate and investment banking, and wealth management units. The slowdown in business needs to be seen in the context of the takeover battle, which concluded in September and led to the resignation of Mediobanca's management team, analysts Marco Nicolai and Joseph Dickerson write. \"These elements seem temporary, as the franchise strength appears to have been maintained, as shown by increased deposits and total financial asset balances, while the number of employees is also up [on quarter],\" they add. Mediobanca shares trade 1.6% lower at 16.67 euros. (elena.vardon@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 06, 2025 05:48 ET (10:48 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>MPS's Lengthy Takeover Process Weighed on Mediobanca's Performance -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMPS's Lengthy Takeover Process Weighed on Mediobanca's Performance -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-11-06 18:48</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1048 GMT - The long tender process through which Monte dei Paschi won over Mediobanca's shareholders and secured a takeover of the Italian bank weighed on the target's third-quarter performance, Jefferies says in a note. The impact of the process was reflected in the results of Mediobanca's corporate and investment banking, and wealth management units. The slowdown in business needs to be seen in the context of the takeover battle, which concluded in September and led to the resignation of Mediobanca's management team, analysts Marco Nicolai and Joseph Dickerson write. \"These elements seem temporary, as the franchise strength appears to have been maintained, as shown by increased deposits and total financial asset balances, while the number of employees is also up [on quarter],\" they add. Mediobanca shares trade 1.6% lower at 16.67 euros. (elena.vardon@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 06, 2025 05:48 ET (10:48 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MDIBY","symbol_name":"MedioBanca SpA","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2581065304","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2581065304","pubTimestamp":1762426080,"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":"1048 GMT - The long tender process through which Monte dei Paschi won over Mediobanca's shareholders and secured a takeover of the Italian bank weighed on the target's third-quarter performance, Jefferies says in a note. The impact of the process was reflected in the results of Mediobanca's corporate and investment banking, and wealth management units. The slowdown in business needs to be seen in the context of the takeover battle, which concluded in September and led to the resignation of Mediobanca's management team, analysts Marco Nicolai and Joseph Dickerson write. \"These elements seem temporary, as the franchise strength appears to have been maintained, as shown by increased deposits and total financial asset balances, while the number of employees is also up [on quarter],\" they add. Mediobanca shares trade 1.6% lower at 16.67 euros. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"MDIBY":"MedioBanca SpA","BK4207":"综合性银行"},"translate_title":"MPS漫长的收购过程拖累了Mediobanca的业绩——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MDIBY":0.9},"content_text":"1048 GMT - The long tender process through which Monte dei Paschi won over Mediobanca's shareholders and secured a takeover of the Italian bank weighed on the target's third-quarter performance, Jefferies says in a note. The impact of the process was reflected in the results of Mediobanca's corporate and investment banking, and wealth management units. The slowdown in business needs to be seen in the context of the takeover battle, which concluded in September and led to the resignation of Mediobanca's management team, analysts Marco Nicolai and Joseph Dickerson write. \"These elements seem temporary, as the franchise strength appears to have been maintained, as shown by increased deposits and total financial asset balances, while the number of employees is also up [on quarter],\" they add. Mediobanca shares trade 1.6% lower at 16.67 euros. (elena.vardon@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 06, 2025 05:48 ET (10:48 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":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}