Euronext to buy Milan stock exchange for 4.33 bn euros
Paris, Oct 9 (AFP/APP):Pan-European stock market operator Euronext has agreed to buy the Milan bourse from the London Stock Exchange (LSE) for 4.33 billion euros, the companies said Friday. The LSE said previously it was considering a sale in order to meet EU requirements that it divest assets in order to get approval for its $27 billion purchase of US financial data provider Refinitiv. Euronext will also acquire the Italian platform MTS which will give it access to the sovereign debt market. Euronext head Stephane Boujnah said the deal marked a “decisive step” in its strategic plan to create a … Continue reading Euronext to buy Milan stock exchange for 4.33 bn euros
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