Connect with us

Business

Euronextbids buys Borsa Italiana on the London Stock Exchange

Published

on


The owner of the European stock exchange Euronext makes an offer to buy Borsa Italiana on the London Stock Exchange

The owner of the European stock exchange Euronext has filed an offer to buy Borsa Italiana on the London Stock Exchange (LSE).

Euronext said it had finally submitted its proposal, which had fizzled out, teaming up with Italian sovereign wealth fund CDP Equity and banking group Intesa Sanpaolo.

The offer pits Euronext against the Swiss stock exchange SIX and the German Deutsche Boerse, which have also joined the race on the Italian stock exchange.

Euronext has filed an offer to buy a Milan-based stock exchange, Borsa Italiana in partnership with the Italian sovereign fund CDP Equity and the banking group Intesa Sanpaolo

Euronext has filed an offer to buy a Milan-based stock exchange, Borsa Italiana in partnership with the Italian sovereign fund CDP Equity and the banking group Intesa Sanpaolo

LSE bought Borsa Italiana in 2007 for $ 1.5 billion, but the offerings are believed to value the company at over $ 3 billion.

A sale of the Italian unit is expected to help LSE in its efforts to secure its successful $ 20 billion merger with data provider Refinitiv down the line.

He wants to get approval from the European Union’s competition watchdogs, which opened an investigation into the deal in June.

Euronext said: “The proposed combination of Borsa Italiana and Euronext would create a leading player in continental European capital markets, where Italy would be the main contributor to the revenues of the larger Euronext group.”

Euronext has been in the shadow of the LSE, with a market value of just $ 6.5 billion compared to the UK stock exchange’s 32 billion.

Publicity

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos



picture credit

ExBUlletin

to request, modification Contact us at Here or [email protected]

Please disable the ad-blocker on this page to see the content

plus