Introduction Euronext pulled off a 4,325 billion offer to the London Stock Exchange for the acquisition of Borsa Italiana group, which will count for an important proportion (34%) of the new group's total revenues. Finance Magnates reported about the $5 billion cash acquisition in October this year. Stephane Boujnah, CEO and chairman of the managing board of Euronext, has described the deal with LSE as a . Euronext <ENX.PA> and Italy's Cassa Depositi e Prestiti (CDP) confirmed on Friday they were in talks to make a joint bid for Borsa Italiana, as Germany's Deutsche Boerse submitted a rival offer . Their bid is set to value Borsa Italiana, owned by London Stock Exchange Group Plc, at as much as 4 billion euros ($4 . Euronext announces the success of its approximately 1.8 billion rights offer as part of the financing of the acquisition of the Borsa Italiana Group Amsterdam, Brussels, Dublin, Lisbon, Milan . +33 1 8514 8585. Amsterdam, Brussels, Dublin, Lisbon, Oslo, Paris and Rome - 18 September 2020 - Euronext and CDP Equity . London Stock Exchange is selling its entire shareholding in Italy's Borsa to Europe's biggest stock exchange Euronext. Borsa Italiana reported Thursday stable revenues of 124.1 million euros for the first quarter of 2021. Earnings before interest, For Euronext, taking control of Borsa Italiana would cement its position as one of the most important operators of market infrastructure in the EU. Euronext earnings rise in Q2 as Borsa Italiana joins group. Email. Europe's largest stock exchange has completed the acquisition of the Borsa Italiana Group, and confirmed it will be migrating its data center from the UK to Italy. Euronext ha annunciato di avere completato l'acquisizione di Borsa Italiana per 4,444 miliardi di euro lo scorso aprile. Media Presentation 25 June 2007. T he stock exchange is offering 30.5m . The group is now the leading listing venue in Europe with more than 1,890 companies listed on our markets, for a combined market capitalisation of 5.6 . October 29, 2021 10:10 am. These proposals are for the acquisition of Borsa Italiana Group and MTS, as a whole. April 29, 2021 | AtoZ Markets - Leading European exchange operator Euronext announced on Thursday that it has completed its acquisition of Borsa Italiana from the London Stock Exchange Group in a deal worth 4.4 billion . Milan - 8 June 2021 - Borsa Italiana, part of the Euronext Group, congratulates The Italian Sea Group S.p.A. on its listing on Borsa Italiana's Main Market (MTA) today. Tel. Exchange An exchange is known as a . The LCH and Euronext deal on clearing was due to expire in 2027, but the purchase of Borsa Italiana included the CC&G clearing house in Milan, which meant that Euronext no longer had to rely on . Reflecting Euronext's federal model, starting today, Borsa Italiana, Monte Titoli, CC&G, MTS and Gatelab will integrate the Euronext visual identity in their branding. The MIB ESG Index screens a parent universe consisting of the 60 most liquid Italian companies to identify the 40 firms with the best environmental, social, and governance practices. Euronext, the pan-European market infrastructure, announced that today, during an extraordinary general meeting, all items on the agenda were voted in favour by its shareholders. The target date for the data centre migration, subject to regulatory approval and operational readiness, is set for Q2 2022. Borsa Italiana Group companies have adopted as of today the Euronext brand architecture, notably the "Pulse" symbol shared by all Euronext-owned companies. Euronext's central counterparty (CCP) in Italy. Tel. The acquisition of Borsa Italiana still hasn't been completed and as Euronext has warned its shareholders before that it will complete a rights issue to fund a portion of the acquisition, the . TV +39 02 4541 1399. NEWS. Bergamo is where Borsa Italiana has a disaster recovery site, and Euronext completed its acquisition of the Milan exchange on Thursday and is keen to show Italy the takeover's benefits. Dubbed "Project Botticelli", the LSE's sale of the Milan stock exchange is sensitive in Rome due to concerns about who takes control of its bond platform, which handles . migration of Borsa Italiana markets onto Euronext systems keeping in line with the timeline determined, we kindly encourage them to secure time, resources and budgets in 2022 and 2023. The LSEG confirmed in July last year that it was . The deal states that Euronext will receive 100% of the issued share capital of Borsa Italiana. It followed confirmation earlier Friday from Euronext and CDP of their offer. Borsa Italiana Group companies have adopted as of today the Euronext brand architecture, notably the "Pulse" symbol shared by all Euronext-owned companies. of Borsa Italiana Group, the dynamic created by Brexit and a strong rationale to locate a data centre in a country where Euronext operates a large business. London Stock Exchange entered exclusive talks to sell Borsa Italiana to Euronext on Friday, with the French operator seeing off Deutsche Boerse and Switzerland's Six as it bids to add another . The International Securities Identification Number (ISIN) of Euronext is NL0006294274. Italian company Aruba, which runs a 200,000 square-metre cloud data centre in Bergamo, will become the main provider of Euronext's data centre services. The index combines measurement of economic performance with ESG impacts, in line with the UN Global Compact principles. On September 18, 2020, Euronext N.V. acquired financial services company Borsa Italiana Spa from London Stock Exchange Group PLC for 4.3B EUR. Read this Term. It . Together, Borsa Italiana Group and Euronext become the leading venue for secondary markets in Europe, with 12.2 billion worth of cash equities and ETFs traded on a daily basis (FY2020). Euronext has a good track record in acquiring and integrating smaller players but a "Big Fish" lite Borsa Italiana is higher risk. Announced on Friday, the two parties have already entered into a binding agreement as Euronext will receive 100 percent of the issued share capital of the Italian Exchange. There can be no certainty that this will lead to a . Euronext is partnering with V.E, part of Moody's ESG Solutions, to power this second national ESG blue-chip index 1. This transaction will enhance the position of the Borsa Italiana Group within continental . This announcement pertains to Borsa Italiana as well as MTS.Exclusive talks With Euronext Over Borsa ItalianaAccording to LSEG, it has received and subsequently reviewed an array of competitive proposals from several competitive parties. Reflecting Euronext's federal model, starting today, Borsa Italiana, Monte Titoli, CC&G, MTS and Gatelab will integrate the Euronext visual identity in their branding. London Stock Exchange Group plc (LSEG) has made an announcement today. . integrity within Euronext's federal model, while benefiting from enhanced governance, best-in-class offering and technology, to better serve the Italian capital markets." The Borsa Italiana Group overview The Borsa Italiana Group is the integrated Italian market infrastructure, with operations diversified across regulated markets (Borsa Euronext and CDP Equity ("CDPE", 100% owned by Cassa Depositi e Prestiti) confirm they have entered into exclusive talks with London Stock Exchange Group plc ("LSEG") to acquire Borsa Italiana group, together with Intesa Sanpaolo. The London Stock Exchange said on Friday it was in exclusive discussions with Euronext over the sale of the Borsa Italiana. Borsa Italiana Group companies have adopted as of today the Euronext brand architecture, notably the "Pulse" symbol shared by all Euronext-owned companies. Pan-European exchange operator Euronext and the London Stock Exchange Group (LSEG) have completed their Borsa Italiana transaction. Their bid is set to value Borsa Italiana, owned by London Stock Exchange Group Plc, at as much as 4 billion euros ($4 . Euronext has received the blessing of the European Commission for its 4.3 billion acquisition of Borsa Italiana from the London Stock Exchange, bringing the exchange group one step closer to finalising the deal. The potential new combination of Euronext and Borsa Italiana will be well positioned to deliver the ambition of further building the backbone of the Capital Markets Union in Europe . Explore the steps of your company's growth towards listing (IPO), learn . EURONEXT TO ACQUIRE THE BORSA ITALIANA GROUP AND CREATE THE LEADING PAN-EUROPEAN MARKET INFRASTRUCTURE Acquisition 1 of 100% of London Stock Exchange Group Holdings Italia S.p.A., the holding . The fact that Borsa Italiana hasn't been independent before is clearly a mitigating factor. Euronext completes the acquisition of Borsa Italiana, confirms data center move to Milan. 6 AN ATTRACTIVE TRANSACTION IN LINE WITH EURONEXT FEDERAL MODEL EXPANSION STRATEGY (1/2) Acquisition(1) of 100% of London Stock Exchange Group Holdings Italia S.p.A., the holding company of the Borsa Italiana Group, for a cash consideration of 4,325 million(2) Fully-committed financing through bridge loan facilities fully underwritten by a group of banks The BORSA ITALIANA brand is owned by Euronext, a company listed in Paris. This is Euronext N.V.'s 0th largest (disclosed) transaction. HOME PAGE. The sale has a multiple of 16.7x the adjusted ebitda of Borsa Italiana and its proceeds will be used by LSEG to . EURONEXT AND CDP EQUITY CONFIRM EXCLUSIVE TALKS WITH LSEG TO ACQUIRE BORSA ITALIANA. Euronext and Borsa Italiana launch new MIB ESG Index. Post Tags: Borsa Italiana CSDs Euronext London Stock Exchange Group . Euronext LSE + Borsa Italiana OMX SWX . Host of Elite Firms Bag Roles On 4B Borsa Italiana Sale. Dalle nozze dei due gruppi nata la principale infrastruttura di mercato paneuropea e la maggiore sede in Europa per la quotazione e i mercati secondari per il finanziamento del debito e delle azioni con oltre 1.890 societ . The pan-European market operator Euronext confirmed that it is currently in talks with Cassa Depositi e Prestiti ("CDP") regarding an acquisition of Borsa Italiana. Reflecting Euronext's federal model, starting today, Borsa Italiana, Monte Titoli, CC&G, MTS and Gatelab will integrate the Euronext visual identity in their branding. Proposed Divestment of the Borsa Italiana Group to Euronext N.V. for 4.325 billion. The deal could value Italy's only stock exchange at up to 4 billion . The London Stock Exchange Group (LSEG) shareholders approved the deal on 3 November, followed by the approval of the German Federal Cartel Office on 11 November for the transaction. The index combines measurement of economic performance with ESG impacts, in line with the UN Global Compact principles. Euronext has revealed that the Board of Directors of Borsa Italiana and the Supervisory Board of Euronext N.V. have nominated Fabrizio Testa, currently CEO of MTS, as CEO of Borsa Italiana, and as Head of Fixed Income trading for the Group and member of the Managing Board of Euronext N.V. The LSE offer could only take the form of a holding company comprising the two, Borsa Italiana . Euronext and Borsa Italiana launch new MIB ESG Index. Amsterdam, Brussels, Dublin, Lisbon, Oslo, Paris and Rome - 18 September 2020 - Euronext and CDP Equity . 2 . There will also be extra charges in 2021 for this transaction in an amount of ~100 mn EUR pre tax. Euronext has today completed the acquisition of the Borsa Italiana Group for a final consideration of 4,444 million. Euronext, in collaboration with Borsa Italiana, has launched a socially responsible alternative to the FTSE MIB, Italy's foremost equity index. Euronext's strategy in the post-trade space, we recommend this full-session video of board member Anthony Attia's presentation in September's PostTrade 360 Copenhagen conference. Euronext Paid a High Price to Halt an Auction Its deal to buy Borsa Italiana came after partnering with a state savings bank. Stphane Boujnah, CEO and Chairman of Euronext, said: "The MIB . The group already owns the main stock exchanges . Euronext is partnering with V.E, part of Moody's ESG Solutions, to power this second national ESG blue-chip index 1. London Stock Exchange Group (LSEG) announced the sale for 4.325 billion euros of Borsa Italiana to the Euronext-Cdp consortium, allied with Intesa Sanpaolo (see here the note by Euronext, here Euronext's analysts presentation, here the LSEG press release and here the one by Cdp). There will also be extra charges in 2021 for this transaction in an amount of ~100 mn EUR pre tax. The discussions with CDP concerns submitting an offer to London Stock Exchange Group plc (LSEG) for the acquisition. London Stock Exchange Group (LSEG) announced the sale for 4.325 billion euros of Borsa Italiana to the Euronext-Cdp consortium, allied with Intesa Sanpaolo (see here the note by Euronext, here Euronext's analysts presentation, here the LSEG press release and here the one by Cdp). NYSE Euronext was formed by the merger of the largest U.S. stock exchange with Paris-based Euronext. ADVERTISEMENT. The Borsa Italiana transaction, for a cash consideration of 4,444 million, will bring several benefits to Euronext, not least the CC&G clearing house: Source: company presentation Borsa Italiana, part of Euronext Group, constantly supports companies that need capital to finance their growth. EURONEXT STATEMENT REGARDING BORSA ITALIANA. Euronext to Purchase Borsa Italiana from LSE in Deal Worth Over $5 Billion. ($1 = 0.8593 . Euronext, Borsa Italiana launch new MIB ESG Index. This is Euronext N.V.'s 2nd transaction in the Financial Services sector. Euronext Clearing is a multi-asset clearing house that provides proven risk management capabilities on 14 markets, across a range of trading venues including Borsa Italiana, MTS, BrokerTec and Hi-mtf. Euronext-Borsa Italiana: i numeri del gruppo. CDP given the green light to take a stake in Euronext to acquire Borsa Italiana and create a leading player in the European capital markets; Euronext's most significant market will be Italy and with CDP it will have a stable investor holding an investment share equal to that of its French counterpart Caisse des Dpts et Consignations. Euronext, the owners of the Irish Stock Exchange, is looking to raise 1.8 billion in a rights issue after completing the purchase of Borsa Italiana. The London Stock Exchange's sale of Borsa Italiana to rival Euronext is yet another example of merger and acquisition (M&A) activity in the hotly contested European stock exchange ecosystem.. On 9 October, Euronext, which is Europe's largest stock exchange controlling markets in Amsterdam, Dublin and Paris to name a few, announced it was acquiring Borsa Italiana from the LSE for just over . The sources said that Euronext's new business plan would not include significant job cuts at Borsa Italiana, contrary to media reports that had raised alarm in Italy over the summer. (PRESS RELEASE) LONDON, 3-Jan-2022 /EuropaWire/ CNH Industrial (NYSE: CNHI / MI: CNHI), a world-class equipment and services company that sustainably advances the noble work of agriculture and construction workers, has announced that the company has begun officially trading on the New York Stock Exchange (NYSE) in the U.S. and Borsa Italiana's Euronext Milan in Italy as a fully . The sale has a multiple of 16.7x the adjusted ebitda of Borsa Italiana and its proceeds will be used by LSEG to . That has secured victory but came with strings attached too. Euronext today announced the launch of its new MIB ESG Index, (gross return Bloomberg code: MIBESG), the first Italian blue-chip Environmental, Social and Governance (ESG) index designed to identify major listed Italian issuers that demonstrate best ESG practices. Following an in-depth investigation into the mega-merger, European authorities greenlight the buyout transaction, which was . Further to the announcement on 18 September 2020 regarding London Stock Exchange Group plc ( LSEG) entering into exclusive discussions with Euronext N.V. ( Euronext) in relation to the sale of the Borsa Italiana group ( Borsa Italiana ), LSEG confirms it has . It followed confirmation earlier Friday from Euronext and CDP of their offer. It aims at being ready for the migration of the Borsa Italiana . EURONEXT AND CDP EQUITY CONFIRM EXCLUSIVE TALKS WITH LSEG TO ACQUIRE BORSA ITALIANA. Borsa Italiana SpA by Euronext NV unless the Milan-based exchange is assured more autonomy and decision-making power, according to people familiar with the matter. Company says Brexit one of the reasons for leaving current facility in Basildon, UK. The completed deal on 29 April saw the pan-European exchange operator acquire the Italian bourse from the LSEG for 4.4 billion, after initially agreeing to acquire Borsa Italiana in October last year.. Steffy Bogdanova. Euronext MIV Milan - Market for Investment Vehicles - is the regulated market managed by Borsa Italiana dedicated to the listing of vehicles that invest in real economy, mainly closed-end . Borsa Italiana ha detto ufficialmente addio al London Stock Exchange Group (Lseg) dopo che in settimana arrivato il via libera dall'assemblea straordinaria dei soci di Euronext all'acquisizione . Euronext In Exclusive Talks To Buy Borsa Italiana. Euronext and CDP Equity confirmed that they are in talks with London Stock Exchange Group plc (LSEG) to acquire Borsa Italiana Group, together with Intesa Sanpaolo. Yes, Euronext does buy Borsa Italiana. London Stock Exchange entered exclusive talks to sell Borsa Italiana to Euronext on Friday, with the French operator seeing off Deutsche Boerse and Switzerland's Six as it bids to add another bourse to its pan-European network. The Italian Sea Group S.p.A. is one of the global operators in the luxury yachting industry, active in the construction and refit of motor and sailing yachts of up to 100 metres . Euronext, meanwhile, reported revenues up 5% at 249.2 million euros for the same period. Milan - 18 October 2021 - Euronext today . Euronext LSE + Borsa Italiana OMX SWX 3,835 3,130 1,470 1,129 983 966 SWX Deutsche Brse Euronext OMX LSE + Borsa Italiana 3,540 1,196 809 764 345 BME 1 . LONDON (Reuters) - Euronext reported on Thursday that net income rose 5.6% to 86.6 million euros ($102.90 million) in the second quarter from a year ago, helped by consolidating Borsa Italiana into the pan-European exchange group. (LSE) has agreed to sell Borsa Italiana to Euronext for 4.33 billion euros ($5.09 billion) in cash. Acquisition[1] of 100% of London Stock Exchange Group Holdings Italia S.p.A., the holding company of the Borsa Italiana Group[2] for a cash consideration of 4,325 million[3] The Borsa Italiana Group (464 million revenue and 264 million EBITDA in 2019) to play a key role in the future operations, strategy and governance of the Combined Group[4] BORSA ITALIANA belongs to the Financial Data & Stock Exchanges business sector. A consortium comprising France's Euronext <ENX.PA> and Italian state-lender CDP is among bidders for the bond-trading platform of the London Stock Exchange's (LSE) Borsa Italiana unit, two sources . Euronext has a good track record in acquiring and integrating smaller players but a "Big Fish" lite Borsa Italiana is higher risk. Euronext today announced the launch of its new MIB . Euronext announces that it has entered into a binding agreement with London Stock Exchange Group plc ("LSEG") and London Stock Exchange Group Holdings (Italy) Limited to acquire 100% the entire issued share capital of London Stock Exchange Group Holdings Italia SPA, the holding company of the Borsa Italiana Group (the "Proposed Combination"), for a cash. presentation or warranty, express or implied, is given by or on behalf of the Company, Borsa Italiana S.p.A or their respective advisors or any of such . Amsterdam, Brussels, Dublin, Lisbon, Oslo and Paris - 14 September 2020 - Euronext confirms the submission of a non-binding offer to London Stock . The fact that Borsa Italiana hasn't been independent before is clearly a mitigating factor. The offer made with the strong support from Cassa Depositi e Prestiti through CDP Equity and Intesa Sanpaolo beat the competition The combination of Euronext and the Borsa Italiana Group, with the strategic support of long-term investors such as CDP, delivers the ambition of building the leading pan-European market infrastructure, connecting local economies to global capital markets. Euronext Growth Milan - MTF, Growth Market is dedicated to dynamic and competitive . For any question related to Borsa Italiana Optiq migration please contact our dedicated Support team via: Optiqmigration@euronext.com. 1 Euronext N.V. (a public company with limited liability (naamloze vennootschap) incorporated under the laws of the Netherlands, with its statutory seat (statutaire zetel) in Amsterdam, the Netherlands) Shareholder Circular relating to the Proposed Combination with the Borsa Italiana Group LSEG Proposed Divestment of Borsa Italiana Group to Euronext NV for 4.325 billion - 9 October 2020: 18 September 2020: Euronext - Euronext and CDP Equity confirm exclusive talks with LSEG to acquire Borsa Italiana - 18 September 2020: LSEG All Share Acquisiiton of Refinitiv - Borsa Italiana group Update - 18 September 2020: 31 July 2020 Borsa Italiana offering is wide, supporting different type of companies and investment vehicles; including:. The acquisition of Borsa Italiana will be "transformational" for Netherlands-based Euronext and further enhance the "significant diversification into new asset classes and new revenue models" the pan-European exchange operator has achieved since its last strategy update in October 2019, Boujnah told press at a presentation of the group's 2020 . This included the contemplated acquisition of the Borsa Italiana Group, with approval from over 99.99% of the votes cast.