Mediobanca -4.4% and MPS -2.4% on the stock exchange, the “discount” drops to 9.5%

John

By John

Negative closure for Mediobanca in Piazza Affari (-4.4% to 15.78 euros)with the title of Piazzetta Cuccia subject to substantial sales on the day the board has rejected the hostile offer of MPS, While sales continue on the title of the Sienese bank, on the third consecutive day of reduction (-2.4% to 6.21 euros).

Since the announcement of the OPS, last Friday, the Mediobanca title is upwards of 3.2% while MPS lost 10.7%.

The 2.3 shares offered by Mount are worth 9.5% less than what Piazzetta Cuccia deals on the Stock Exchange, enhanced by the offer of MPS 11.89 billion against a bag capitalization of 13.15 billion, with a 1 gap , 26 billion euros. The “discount”, thanks to the most marked drop in Mediobanca, was restricted compared to 11.3% yesterday.