economic correspondent based in London.F. A. Z.
For the interest of the communication from the LSE that it is in talks on the sale of the Borsa Italiana, in whole or in the bond division, MTS provided. This is in connection with the audit of the purchase of the financial data provider Refinitiv by the competition authorities of the EU Commission. The Refinitiv Deal for 27 billion dollars is the most important project of LSE-in-chief David Schwimmer. He said the Acquisition would make "good progress".
Brussels has objected to it
but There are objections from competition regulators in Brussels and elsewhere. The EU is critical of the fact that in the case of a LSE-Refinitiv-merger, the London with the Italian bond trading business MTS, and Tradeweb, at the LSE, a majority holds too much market power in the area of trade with European sovereign bonds. Therefore, the LSE could be forced to Borsa Italiana to make.
Earlier, stresses the LSE still, she didn't want to disconnect from the 2007 to 1.7 billion euros, acquired Italian subsidiary, which operates the stock exchange in Milan. As the most important prospect for the Italian trade place the European stock exchange company Euronext, which operates six stock exchanges including Paris and Amsterdam is. Also, the German stock exchange has an interest, at least, is the group chief Executive Theodor Weimer spoke at the annual press conference in February.Updated Date: 31 July 2020, 09:19