Italian lender Monte dei Paschi launches bid to acquire Mediobanca

© Reuters. FILE PHOTO: View of the entrance to the headquarters of Monte dei Paschi di Siena (MPS), in Siena, Italy, August 11, 2021. REUTERS/Jennifer Lorenzini/File Photo

(Reuters) – Italian lender Monte dei Paschi (MPS) on Friday launched a bid to acquire all the shares of investment bank Mediobanca (OTC:MDIBY) for 15.92 euros ($16.64) per share.

($1 = 0.9569 euros)

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