Banco BPM Rejects Monte dei Paschi Takeover Bid Over Lack of Premium

Italy’s Banco BPM has expressed skepticism toward a rival acquisition offer from Banca Monte dei Paschi, arguing the proposed price fails to reflect a meaningful premium over its current market valuation.

26 Aug, 08:42 — 26 Aug, 08:42

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bloombergHigh1d ago

Banco BPM Says Paschi's Offer 'Does Not Recognize a Premium'

Banco BPM indicated skepticism toward the takeover bid it received from rival Banca Monte dei Paschi, saying the price offered was pretty much the same as its market valuation. Bloomberg's Tommaso Ebhardt reports from Milan. (Source: Bloomberg)

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Banco BPM Rejects Monte dei Paschi Takeover Bid Over Lack of Premium

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Banco BPM Says Paschi's Offer 'Does Not Recognize a Premium'

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