LSE sold Borsa Italiana for 2 primary reasons: 1) To help get the Refinitiv deal past regulators 2) It sold at a good valuation:pic.twitter.com/cdW3PYFEvL
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LSE confirms €4.3bn sale of Borsa Italiana to Euronexthttps://www.ft.com/content/973e7e02-c100-44a4-b65d-c01839f0fe03 …
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A good overview of Borsa Italiana's business: 1) the Italian Stock Exchange 2) MTS (European fixed income) 3) An Italian clearinghouse 4) Monte Titoli, a custody business Combined companies generate €280M in annual EBITDA:pic.twitter.com/CVt2Yk1FPN
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Very bullish for
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