Comment & Analysis
Mediobanca shareholders reject $7bn bid for Banca Generali
Mediobanca’s shareholders have rejected the bank’s proposed €6.3bn acquisition of Banca Generali, a blow to its efforts to block a hostile takeover by state-backed Monte dei Paschi di Siena (MPS). Chief executive Alberto Nagel has defined the failed bid as a missed opportunity for growth for both Mediobanca and the…
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