Breakingviews - Mediobanca’s new M&A punt less crazy than it looks
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 08 2025
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Source: Reuters
Mediobanca's Merger Attempts: Mediobanca CEO Alberto Nagel is making another attempt to revive a merger with Banca Generali after a failed vote in June, which faced opposition from significant investors. The new vote is scheduled for August 21, coinciding with a competing offer from Banca Monte dei Paschi di Siena (MPS).
Market Dynamics and Shareholder Support: Recent changes in shareholder composition may favor the merger, as more shares are now held by hedge funds likely to support the deal. Mediobanca's stock has increased in value relative to MPS's offer, suggesting potential investor confidence in Nagel's strategy.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
