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ECB Clears Monte Dei Paschi's €13.3B Mediobanca Deal

By Najiyya Budaly ( June 25, 2025, 11:53 AM BST) -- Italian lender Monte dei Paschi said Wednesday that the European Central Bank has waved through its €13.3 billion ($15.4 billion) proposed takeover of rival Mediobanca SpA, ramping up consolidation in the country's banking sector....

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