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Mediobanca bid for Banca Generali adds twist to Italian banking consolidation

By Jean Comte ( April 29, 2025, 12:35 GMT | Comment) -- Mediobanca yesterday revealed a bid for rival Banca Generali, adding complexity to dealmaking in the Italian baking sector, in which Mediobanca is itself a target of Banca Monte dei Paschi di Siena, or MPS. Its plan may raise competition concerns and will also need permission from the Italian government, which has spoken in favor of further consolidation of the Italian banking sector but has also championed the takeover by MPS.For the Italian markets, this week started with a surprise....

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