London Stock Exchange may sell Milan bourse to secure Refinitiv deal

London Stock Exchange may sell Milan bourse to secure Refinitiv deal

The LSE said that it is considering selling part or all of its stake in the Italian stock exchange group to help get its planned $27bn takeover of Refinitiv approved. While reporting its Half yearly earnings, LSE said it was seeing good progress with foreign investment, antitrust and other regulatory approvals for the Refinitiv transaction. It expects to close the deal year end or in early 2021.

Milan
Milan
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