Banca Monte dei Paschi (BMDPF) called a board meeting to discuss if it should raise its $18B bid for Mediobanca (MDIBY), Antonio Vanuzzo and Chiara Albanese of Bloomberg reports, citing people familiar with the matter. Additionally, the bank may decide to add a cash component to its offer.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MDIBY: