Euronext moves forward with Borsa Italiana talks after bids from fellow exchange operators Deutsche Börse and SIX.
Tag: Borsa Italiana
To address competition concerns raised by the European Commission as it looks to acquire Refinitiv, LSEG is seeking to offload Borsa Italiana.
LSEG had previously stated it is considering offloading Borsa Italiana to alleviate competition concerns about its Refinitiv acquisition.
The European Commission had raised concerns that the combined LSEG and Refinitiv group could hold too much market share in bond trading once the deal closes.
Raffaele Jerusalmi will remain CEO of Borsa Italiana once he has stepped down as director of the capital markets business at LSEG.
EuroCCP will become an additional CCP for Borsa Italiana’s cash equity and ETF markets.