Video Details

Date Oct 10, 2020
Duration 00:02:41
File Size 339.85 MB
Resolution 1920 x 1080

LSE to sell Borsa Italian stock exchange for $5 billion

The London Stock Exchang agreed to sell Milan’s Borsa Italiana stock exchange to Euronext for 4.3 billion euros ($5 billion). We believe the sale of the Borsa Italiana group will contribute significantly to addressing the EU's competition concerns," LSE’s Chief Executive David Schwimmer commented on the deal which should finalize during the first half of 2021.

LSE to sell Borsa Italian stock exchange for $5 billion

The London Stock Exchang agreed to sell Milan’s Borsa Italiana stock exchange to Euronext for 4.3 billion euros ($5 billion). We believe the sale of the Borsa Italiana group will contribute significantly to addressing the EU's competition concerns," LSE’s Chief Executive David Schwimmer commented on the deal which should finalize during the first half of 2021.

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Video ID: 46342