Banca Monte dei Paschi di Siena (BMPS) has secured a significant majority stake in Mediobanca, with 86.3% of shares committed by investors during a recently concluded tender offer period. The tender period reopened from 16 to 22 September, as per the Borsa Italiana filing. The commitment of shares followed an initial tender period that concluded on 8 September, leaving BMPS with a 62.3% holding. The unsolicited bid by BMPS to take over Mediobanca was commenced in January. The transaction is set to be f ...