Shareholder participation in Monte dei Paschi di Siena's offer for Mediobanca has surpassed 38.5%, exceeding the necessary 35% threshold. The bid, launched in July, includes an improved cash offer of €0.90 per share and 2.533 shares of MPS for each Mediobanca share, valuing Mediobanca at €19.85 per share. Mediobanca previously rejected MPS's bid, citing potential harm to its business model. Notable investors include the Caltagirone group, the Del Vecchio family, and the Benetton family.