Market turbulence will not impact Mediobanca deal, Monte dei Paschi CEO says

By CNBC   |   1 month ago
Market turbulence will not impact Mediobanca deal, Monte dei Paschi CEO says

Monte dei Paschi di Siena plans to acquire Mediobanca for $14.3 billion in July despite market turbulence. The deal, criticized by Mediobanca, aims to strengthen the world's oldest bank and diversify revenues. Analysts are divided on the potential benefits of the merger.

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