Euronext submits offer to buy Borsa Italiana

Euronext NV said Monday that it has submitted a non-binding offer to acquire Borsa Italiana from London Stock Exchange Group PLC. The Pan-European exchange said the bid was submitted in partnership with Italian lenders Cassa Depositi e Prestiti Equity and Intesa Sanpaolo SpA. There can be no certainty that this will lead to a transaction, Euronext said.

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