Euronext: progress towards acquisition of Borsa Italiana
(CercleFinance.com) - Euronext says that the European Commission has conditionally approved the proposed acquisition of Refinitiv by LSE Group, thereby satisfying one of the major conditions for Euronext's proposed acquisition of Borsa Italiana.
The proposed acquisition of Borsa Italiana is still subject to certain other conditions, including regulatory approvals in several jurisdictions and the acquisition of Refinitiv by LSE. Euronext expects to complete the deal in the first half of 2021.
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