Borsa Italiana deal clears way for LSE purchase of financial data provider Refinitiv
The London Stock Exchange Group has agreed to sell the Milan stock exchange to the rival group Euronext for €4.3bn (£3.9bn) in cash, clearing the way for the LSE’s purchase of the financial data provider Refinitiv.
The LSE and Euronext, which owns several European stock exchanges including the Paris bourse, began exclusive talks over the Borsa Italiana deal in September.