Money Makers Mentor

Euronext Acquires Borsa Italiana in $5.1 Billion Deal

Euronext has acquired Borsa Italiana in a $5.1 billion deal. The London Stock Exchange is the entity that facilitated the deal. The deal marks a trend of mergers and acquisitions happening in global markets. It is complex and involves several stockholders across Europe.

Euronext is a leading pan-European market infrastructure. In a statement, Stéphane Boujnah, CEO and Chairman of the Managing Board of Euronext, said, “The acquisition of the Borsa Italiana Group marks a significant achievement in Euronext’s ‘Let’s Grow Together 2022’ strategic plan and a turning point in our Group’s history. Thanks to this transaction, Euronext will significantly diversify its revenue mix and its geographical footprint by welcoming the market infrastructure of Italy, a G7 country and t…

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