MILAN (Reuters) – The shareholders’ pact for Italy’s Mediobanca, representing around 11.6% of the bank’s capital, have rejected Monte dei Paschi di Siena (MPS) takeover bid, a shareholder said on Wednesday after a pact meeting.
Mediobanca’s board has also rejected the bid.
(Reporting by Gianluca Semeraro, writing by Francesca Piscioneri, editing by Alvise Armellini)