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MPS Launches €13.3 Billion Takeover Bid for Mediobanca,Aiming to Create Italy’s Third Banking Powerhouse In a bold move that could reshape Italy’s financial landscape,Monte dei Paschi di Siena (MPS),the world’s oldest bank,has launched a €13.3 billion all-share takeover bid for Mediobanca, a Milan-based financial powerhouse. the deal, unanimously approved by MPS’s board, aims to create … Read more