Subscriptions for Monte dei Paschi di Siena's takeover bid for Mediobanca have exceeded 38.5%, exceeding the 35% threshold, and the offer has thus been successful. MPS, the world's oldest continually operating financial institute, is Italy's third biggest bank. (ANSA)

La banca senese aumenta l'offerta per Mediobanca con una componente in contanti di 0,9 euro ad azione e rinuncia alla soglia del 66,5%. Premio dell'11,4% rispetto al valore di…

Monte dei Paschi di Siena (MPS) said Tuesday that it was raising its bid for control of Mediobanca, adding a cash component of 0.90 euros per share on top of its offer of 2.533 of…