LONDON: London Stock Exchange Group (LSEG) notes the announcement from Euronext and confirms that it expects to close the divestment of London Stock Exchange Group Holdings Italia S.p.A. and its business (Borsa Italiana Group) to Euronext for a total cash consideration of €4.443 billion today. LSEG’s intention is to use the net proceeds from the…
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Euronext to acquire the Borsa Italiana Group for a cash consideration of €4.325 billion
AMSTERDAM: Euronext has entered into a binding agreement with London Stock Exchange Group plc (LSEG) and London Stock Exchange Group Holdings (Italy) Limited to acquire 100% of the entire issued share capital of London Stock Exchange Group Holdings Italia SPA, the holding company of the Borsa Italiana Group, for a cash consideration of €4.325 billion.…