Home » Business » Mediobanca: MPS Offer Exceeds Threshold with 38.5% Adhesion

Mediobanca: MPS Offer Exceeds Threshold with 38.5% Adhesion

by Priya Shah – Business Editor

MPS‌ Share offer Gains Traction, Surpasses 38.5% Acceptance Rate with Key Stakeholder Support

Milan, Italy – September 3,⁣ 2025Mediobanca‘s offer for Banca MPS has moved closer to⁢ success, exceeding a crucial acceptance threshold‌ of 38.5%‍ as of today, September 3, 2025.⁤ The bolstered support includes commitments ‌from notable shareholders like Caltagirone and Benetton, signaling renewed confidence in the proposed acquisition.This⁣ development follows the waiver of the initial 66.7% acceptance condition once the 35%⁤ mark was reached, opening a new five-day window for ⁤further participation, running from September 16 to September 22,​ 2025.

The increased‍ acceptance rate is pivotal for MPS, potentially ⁢enabling the Tuscan bank‍ to secure ​additional commitments during the extended offer period. ⁢The deal’s progression is being closely ⁤watched by Italian financial markets, as a prosperous takeover by mediobanca is viewed as a‌ key step in stabilizing MPS⁤ and consolidating‌ Italy’s banking sector. The outcome will​ impact investors, employees, and the broader‍ Italian economy, with the acquisition aiming to strengthen MPS’s ‌capital base and improve its long-term viability.

The decision to waive⁢ the higher acceptance threshold after ⁣reaching 35% allows MPS to reopen the offer for another five ⁤working days, ⁤beginning September 16 and concluding September 22, 2025. This ⁢extension provides a⁢ further opportunity for shareholders to tender thier shares, potentially increasing the overall acceptance ​rate⁢ and ⁢solidifying Mediobanca’s control.

The article was last updated on September ⁢3, 2025, at 19:34 local time.

© RESERVED REPRODUCTION

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.