London Stock Exchange Group (LSEL)

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Euronext in talks with CDP about bid for LSE's Borsa Italiana

By Michele Maatouk

Date: Friday 11 Sep 2020

LONDON (ShareCast) - (Sharecast News) - Euronext confirmed on Friday that it is in talks with Italian state lender Cassa Depositi e Prestiti (CDP) about submitting an offer to London Stock Exchange to buy Borsa Italiana.
"A further announcement will be made as and when appropriate," Euronext said.

The very brief statement from Euronext followed reports earlier in the week that it was preparing a bid for the Italian stock exchange that values it at $4bn.

LSE announced in July that it had begun discussions to sell part of or all of its Borsa Italiana unit to satisfy European regulators over its deal to buy data provider Refinitiv.

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LSEL Market Data

Currency UK Pounds
Share Price 0.000p
Change Today 0.000p
% Change 0.00 %
52 Week High 0.000p
52 Week Low 0.000p
Volume 0
Shares Issued 348.38m

What The Brokers Say

Strong Buy 4
Buy 5
Neutral 5
Sell 0
Strong Sell 0
Total 14
buy
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Trades for --2024

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LSEL Key Personnel

CEO David Schwimmer
Chair Don Robert
CFO Michel-Alain Proch

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