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Mediobanca counts on its Banca Generali bid to fend off MPS’s hostile takeover

By Jean Comte ( May 9, 2025, 12:08 GMT | Insight) -- Italian bank Mediobanca said today that its bid for Banca Generali will make it a less interesting target for Monte dei Paschi di Siena's hostile bid, as it would reinforce the lack of synergies between MPS and Mediobanca. But MPS said it sees no mismatch, and that it will keep on schedule with its intended Mediobanca takeover.Mediobanca said today that its intended acquisition of Banca Generali will make its own potential takeover by Monte dei Paschi di Siena less interesting, as it would increase the lack of synergies between Mediobanca and MPS....

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