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Mediobanca turned to EU court in last-ditch effort to stop MPS takeover

By Andrew Boyce and Jean Comte ( September 19, 2025, 15:20 GMT | Insight) -- Mediobanca made a last-ditch attempt to thwart its hostile takeover by rival bank Monte dei Paschi di Siena by appealing the European Central Bank approval that enabled the deal, MLex has learned. The legal challenge at the EU courts remain pending, but a withdrawal of the lawsuit would be a logical step, as Monte dei Paschi has completed its acquisition of control over Mediobanca.Italian lender Mediobanca made a last-ditch attempt to thwart its hostile takeover by rival bank Monte dei Paschi di Siena by appealing the European Central Bank approval that enabled the deal, MLex has learned....

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