Italian rescue Sienapaski Mountain On Friday, a full acquisition offer of 13.3 billion euros ($ 13.95 billion) was launched on Friday Midio BankEssence

As of 09: 43 in the morning of London time, Monte Dei Paschi (MPS) stock price fell 5.74%, and MEDIOBANCA’s stock price rose 6.28%.

Monte Dei Paschi exchanged for 10 shares for 23 shares, and the valuation of MEDIOBANCA shares was about 15.992 euros per share, which was 5%from the closing price on January 23.

FactSet data shows that as of January 23, Monte Dei Paschi’s equity value was 8.7 billion euros, while the market value of Mediobanca was 12.3 billion euros.

CNBC has contacted Mediobanca for a comment.

The oldest bank in the world Monte Dei Paschi, after many years of serious losses, needed state rescue in 2017, but United Credit Bank Veteran Louji Lowalio. The Italian government retains 11.73%of the bank’s shares.

According to CNBC, the Italian Banking Alliance FABI stated after the acquisition offer announced: “In the context of a strong integration, this transaction may help improve the dynamics of the Italian financial system.” Mobs in a ambitious direction. Except for other bids, MPS has confirmed that MPS has fully recovered. “

The quotation on Friday exacerbated the interests of the Bank of Italy and the financial service industry. The country’s second largest bank, Yuxin Bank, had previously proposed all shares for the acquisition of the Italian bank and the financial service industry. BPM BankThe company sought an acquisition of funds management companies Anima Holding. Monte Dei Paschi itself is the potential acquisition target of United Credit Bank, until the negotiations were broken in 2021.

———— CNBC’s Silvia Amaro and Ganesh Rao contributed to this report.

This emergency report is updated.