MPS and Mediobanca Merger: Art Collections and Cultural Heritage at Stake
Monte dei Paschi di Siena (MPS) has finalized its public exchange and purchase offer, successfully obtaining 62.29% of Mediobanca's shares, thereby achieving an absolute majority. This merger unites two institutions with a strong cultural focus. MPS boasts an art collection exceeding 30,000 pieces, stemming from a patronage tradition that dates back to 1472, beginning with a mural by Benvenuto di Giovanni del Guasta. Since the 1980s, MPS has added Sienese masterpieces and works from banks it has acquired. In 2022, an exhibition showcasing this collection took place at Santa Maria della Scala. Conversely, Mediobanca, established in 1946 by Enrico Cuccia and Raffaele Mattioli, does not have a corporate art collection but possesses notable historical properties, such as Palazzo Visconti-Ajmi and Hôtel de Londres.
Key facts
- MPS acquired 62.29% of Mediobanca's capital.
- MPS holds over 30,000 artworks in its collection.
- MPS's first commissioned work was a mural by Benvenuto di Giovanni del Guasta (1472).
- MPS has acquired Sienese school works since the 1980s to prevent their departure from Siena.
- MPS's collection includes works from the Chigi Saracini Collection.
- In 2022, Santa Maria della Scala hosted an exhibition on MPS's collection.
- Mediobanca owns Palazzo Visconti-Ajmi, Palazzo del Teatro dei Filodrammatici, and Hôtel de Londres.
- Mediobanca's Archivio Storico Vincenzo Maranghi was established in 2012.
Entities
Artists
- Benvenuto di Giovanni del Guasta
- Fausto Bagatti-Valsecchi
- Enrico Cuccia
- Raffaele Mattioli
- Vincenzo Maranghi
Institutions
- Monte dei Paschi di Siena
- Mediobanca
- Tesoro italiano
- Santa Maria della Scala
- I Tesori MPS
- Museo di San Donato
- Archivio Storico Vincenzo Maranghi
- Palazzo Visconti-Ajmi
- Palazzo del Teatro dei Filodrammatici
- Hôtel de Londres
- Artribune
Locations
- Siena
- Italy
- Milan
- Rome
- Piazza Salimbeni
- Piazzetta Cuccia
- Piazza di Spagna