London stock exchange buys borsa italiana merger

London Stock Exchange profits rise ahead of Deutche Boerse merger

Under the terms of the deal, every shareholder of Borsa Italiana will receive 4. The offer values Borsa Italiana at 1. The combined group will be worth 5. Borsa Italiana and LSE will remain separate legal and regulatory entities and will maintain their existing brands. London Stock Exchange Group plc will be the holding company of the combined group and, in addition to its listing in London, it intends to seek a listing on Borsa Italiana, the statement said.

The combined group will operate under a U. Angelo Tantazzi, currently chairman of Borsa Italiana, will become deputy chairman of the combined group. Massimo Capuano will become deputy chief executive of the combined group while remaining chief executive officer of Borsa Italiana.

Chris Gibson-Smith, currently chairman of the London Stock Exchange Group, will be chairman of the board of the combined group.

London Stock Exchange to acquire Borsa Italiana for over $2 billion - MarketWatch

Clara Furse, currently chief executive of the London Stock Exchange Group, will be chief executive of the combined group. In joining with the LSE, the Italian exchange is continuing a process of consolidation among exchanges around the world, ranging from the pairing of the New York Stock Exchange with Euronext, the battle between the Chicago Mercantile Exchange CME, By using this site you agree to the Terms of ServicePrivacy Policyand Cookie Policy.

Intraday Data provided by SIX Financial Information and subject to terms of use. Historical and current end-of-day data provided by SIX Financial Information. All quotes are in local exchange time. Real-time last sale data for U. Intraday data delayed at least 15 what happens to stock price after buyout or per exchange requirements.

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Borsa Italiana and London Stock Exchange Group to merge - Borsa Italiana

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