Mediobanca shareholders' pact reject MPS takeover bid

The shareholders' pact for Italy's Mediobanca (MDBI.MI), opens new tab, representing around 11.6% of the bank's capital, have rejected Monte dei Paschi di Siena (MPS) (BMPS.MI), opens new tab takeover bid, a shareholder said on Wednesday after a pact meeting.

Mediobanca's board has also rejected the bid.

 

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