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Monte dei Paschi gets insurance regulator’s approval for Mediobanca bid

( May 20, 2025, 14:45 GMT | Official Statement) -- MLex Summary: Monte dei Paschi di Siena said today it has received clearance from the Italian insurance regulator to proceed with its intended acquisition of Mediobanca. The regulator's approval was needed because the target bank is a shareholder of Assicurazioni Generali, in which some shareholders of Monte dei Paschi also have a stake. In a separate release, Monte dei Paschi said it was reviewing the exchange ratio for Mediobanca's shares.Press releases are attached....

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