London Stock Exchange Refinitiv Merger Agreement

He said he continued to be “constructive” with the European Commission to get the clearance and that the proposed sale of Borsa Italiana, its Italian stock exchange, to Euronext, its European rivals, for around £3.9 billion, “would go a long way to allaying the Commission`s concerns”. In an Oct. 23 trading update, the exchange company said the proposed acquisition of Refinitiv was making “good progress.” Why is the EU involved in the LSE`s acquisition of a US financial data company? And why would the LSE sell the Italian stock exchange to allay these concerns? The answer lies in the fact that stock markets have fundamentally changed over the past 25 years, as I showed recently in a paper. This has largely gone unnoticed and public perception clings to an outdated understanding of what exchange is. .