Euronext Today Completes The Acquisition Of The Borsa Italiana Group And Publishes Q1 2021 Results Date
29/04/2021
Euronext today completes the acquisition of the Borsa Italiana Group[1] for a final consideration of €4,444 million[2], following the satisfaction of all condition precedents
Creation of the leading pan-European market infrastructure and the leading venue in Europe for listing and
secondary markets for both debt and equity financing
Addition of significant capabilities in fixed income trading and enhanced post-trade activities, including a multi-asset clearing house and a significant CSD
Integration process has begun with governance structure established and integration plan being developed further
CDP Equity and Intesa Sanpaolo now join the Euronext Reference Shareholders through the subscription to a private placement for €579 million, with long-term commitment to support the Group’s growth ambitions
Euronext Completes $5 Billion Acquisition of Borsa Italiana Group
Apr 29 2021 · 14:49 UTC by Kofi Ansah · 3 min read
Photo: Depositphotos
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Customers of both Euronext and Borsa Italiana Group will now benefit from the larger size of the new group.
Euronext has announced the completion of its $5.3 billion acquisition of Borsa Italiana from the London Stock Exchange Group. The European exchange Operator revealed on Thursday that the deal went ahead after all condition precedents were deemed satisfactory by both parties. Chief Executive of Euronext, Stéphane Boujnah speaking after the announcement stated that the “significantly scaled-up group is now poised to become the leading pan-European market infrastructure and the leading venue in Europe for listing and secondary markets for both debt and equity financing.”