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Exclusive-ECB clears Monte Paschi's takeover bid for Mediobanca, source says - EUROPE SAYS

Summary by Europe Says
By Francesco Canepa and Valentina Za FRANKFURT (Reuters) -The European Central Bank has cleared Monte dei Paschi di…

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The European Central Bank (ECB) has issued the necessary authorisation for the direct acquisition by Banca Monte dei Paschi di Siena (BMPS) of a control stake in Mediobanca and the indirect acquisition of a control stake in Mediobanca Premier and Compass Bank, as reported by the Tuscan entity, considered the oldest bank in the world, since its origins date back to 1472. Similarly, the ECB has simultaneously issued the authorisation for the acqui…

·Madrid, Spain
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Europe Says broke the news on Monday, June 23, 2025.
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