Search results for: mergers

ECB Approves Monte dei Paschis €14.2B Mediobanca Takeover Bid

Monte dei Paschi di Siena (MPS) secures ECB approval for its €14.2B takeover bid of Mediobanca, despite opposition. Deal conditions set, but no minimum investor threshold required. Italian banking consolidation intensifies.

BPCE Acquires Portugal’s Novo Banco in €6.4B Banking Deal

French bank BPCE acquires 75% of Portugal's Novo Banco from Lone Star in a €6.4B deal, marking one of Europe's largest banking transactions. Expected to close in 2026.