Story perspectives

Milan Probe into Mediobanca Takeover Hits MPS Shares

11/28/2025

Summary

Story summary

Milan prosecutors are investigating market manipulation tied to Monte dei Paschi di Siena's Mediobanca takeover, involving MPS Chief Executive Luigi Lovaglio and Francesco Caltagirone (shareholder) and Francesco Milleri (shareholder).
The probe follows Mediobanca's lawsuit over press articles.
MPS confirmed it received a search warrant and is cooperating with authorities.
MPS shares fell 4.6%.
Francesco Caltagirone and Delfin say they complied with the law and expect the investigation to clear them.

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Story summary

Milan prosecutors are investigating market manipulation tied to Monte dei Paschi di Siena's Mediobanca takeover, involving MPS Chief Executive Luigi Lovaglio and Francesco Caltagirone (shareholder) and Francesco Milleri (shareholder).
The probe follows Mediobanca's lawsuit over press articles.
MPS confirmed it received a search warrant and is cooperating with authorities.
MPS shares fell 4.6%.
Francesco Caltagirone and Delfin say they complied with the law and expect the investigation to clear them.