Monte Paschi mulls deal for Mediobanca, Bloomberg reports

Banca Monte dei Paschi di Siena (BMDPF) is weighing a potential deal for fellow Italian company Mediobanca (MDIBY), Bloombeg’s Pamela Barbaglia, Sonia Sirletti, Donato Paolo Mancini, and Tommaso Ebhardt report, citing people with knowledge of the matter. Monte Paschi is mulling a move to gain full or partial control of Mediobanca, with an announcement potentially coming as soon as Friday, the authors note.