Euronext seals €4.3 billion deal with LSEG for Borsa Italiana
The acquisition of Borsa Italiana by Euronext is dependent on the LSEG gaining approval from European authorities for its blockbuster takeover of Refinitiv.
The acquisition of Borsa Italiana by Euronext is dependent on the LSEG gaining approval from European authorities for its blockbuster takeover of Refinitiv.
Euronext moves forward with Borsa Italiana talks after bids from fellow exchange operators Deutsche Börse and SIX.
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.
MTS Cash adds UBI Banca as a market maker for Italian government securities after the bank deployed LSEG’s IT platform.
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.
The probe into LSEG’s takeover of Refinitiv has been halted by the European Commission while it awaits the delivery of requested data from both institutions.
The competition commission in Singapore has raised concerns about the deal’s impact on key FX benchmarks owned by Refinitiv.
Following CME’s move to wind down its regulatory reporting division, UnaVista and SteelEye will support firms as they migrate from the exchange.
Johnson Matthey’s finance chief Anna Manz will join LSEG in November in the same role as David Warren prepares to retire.