Euronext in talks with CDP about bid for LSE's Borsa Italiana
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.
Cboe Brexit High 50
10,701.02
11:15 26/11/24
-0.40%
-42.75
Cboe Europe All Companies
51.60
11:45 01/12/20
-0.42%
-0.22
Cboe Europe Finance Sector
14,057.75
11:45 01/12/20
-0.57%
-80.59
Cboe UK 100
831.66
11:15 26/11/24
-0.27%
-2.26
Cboe UK 100 NTR
919.25
11:15 26/11/24
-0.27%
-2.50
Cboe UK 350
14,676.29
11:15 26/11/24
-0.32%
-46.63
Cboe UK 350 NTR
24,172.10
11:15 26/11/24
-0.32%
-76.80
Cboe UK All Companies
14,556.48
11:15 26/11/24
-0.32%
-46.18
Cboe UK All Companies NTR
24,668.62
11:15 26/11/24
-0.32%
-78.26
Cboe UK Finance Sector
12,505.45
11:15 26/11/24
-0.66%
-83.49
Cboe UK Finance Sector NTR
22,027.30
11:15 26/11/24
-0.66%
-147.06
Euronext
€0.00
10:20 26/09/24
0.00%
€0.00
London Stock Exchange Group
0.00p
12:50 02/10/24
0.00%
0.00p
"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.