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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.

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Europe Says broke the news in on Monday, June 23, 2025.
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