Euronext and CDP Equity completed the acquisition of Borsa Italiana from LSEG for $5.08bn.

Euronext, a European stock exchange, and CDP Equity, a private equity firm, completed the acquisition of London Stock Exchange Group Holdings Italia, the parent company of Borsa Italiana, from London Stock Exchange Group for $5.08bn. The combination will create a leading European market infrastructure in the European Union, whose central role to connect local economies to global markets is strengthened through the creation of the number one venue for listing and secondary markets for both debt and equity financing in Europe. This transaction significantly enhances the scale of Euronext, diversifies its business mix into new asset classes and strengthen its post-trade activities. With this transaction, Euronext delivers on its ambition to build the leading pan-European market infrastructure. “We continue to make good progress on the highly attractive Refinitiv transaction and we are pleased to have reached this important milestone. We believe the sale of the Borsa Italiana group will contribute significantly to addressing the EU’s competition concerns. The Borsa Italiana group has played an important part in LSEG’s history. We are confident that it will continue to develop successfully and contribute to the Italian economy and to European capital markets under Euronext’s ownership,” David Schwimmer, LSEG CEO. On February 26, 2021: European Commission approves Euronext and CDP Equity's acquisition of Borsa Italiana.