BPM said Friday that conditions for reaching an agreement with Monte dei Paschi hadn’t been met nearly two months after it sent its proposal, and that its board decided to discontinue discussions regarding a potential combination. Monte dei Paschi acknowledged the move and said it remained focused on the implementation of its business plan and the integration of recently acquired Mediobanca while continuing to evaluate any strategic option in the interest of its shareholders. Monte dei Paschi last year bought Mediobanca, while UniCredit —which is nearly two years into an effort to take over Germany’s Commerzbank —first proposed to buy BPM and later withdrew its bid.

(Bloomberg) -- Leonardo Del Vecchio built one of Europe’s great business fortunes and tried to ensure it would survive him intact. Instead, family turmoil threatens to unravel his more than €40 billion ($46 billion) legacy. Most Read from BloombergStocks Fall as 30-Year Bond Yields Surge After Fed: Markets WrapWarner Bros. Deal Collapse Would Cost the Ellisons $9.8 BillionTrump Says US Will Strike Iran Hard as War Escalates AgainMeta’s Zuckerberg Defends AI Bets to Skeptical InvestorsUS Intercep

In a statement, UniCredit again described the Generali holding as "a financial investment".

Houlihan Lokey led by deal volume in Q1 2026, advising on 19 transactions and retaining its year-on-year lead.

Why Mediobanca Banca di Credito Finanziario (BIT:MB) is on investors’ radar Mediobanca Banca di Credito Finanziario (BIT:MB) has drawn fresh attention after a recent share price move, with the stock showing strong recent returns and prompting investors to reassess its current valuation profile. See our latest analysis for Mediobanca Banca di Credito Finanziario. The recent 28.31% 1 month share price return, capped by a 5.19% move in the last session to €20.67, sits alongside a 40.23% 1 year...

What recent performance says about Mediobanca Banca di Credito Finanziario (BIT:MB) Mediobanca Banca di Credito Finanziario (BIT:MB) has drawn investor attention after a one-month total return decline of 10.9% and a three-month total return decline of 6.4%, set against a longer multiyear positive track record. Over the past year the stock shows a 1.6% decline in total return, while the year-to-date move stands at a 12.2% decline, creating an interesting contrast with its very large three-year...