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Brexit and the Italian Stock Exchange: Euronext ready to buy it

With the start of Brexit, the Italian Stock Exchange finds itself part of a non-European group, but will it always be like this? Among the possible scenarios, despite the No from the LSE, Euronext is starting to step forward

Brexit and the Italian Stock Exchange: Euronext ready to buy it

If after Brexit il London Stock Exchange sell the Italian Stock Exchange, in the first row among the possible buyers there would be Euronext, a company that brings together the lists of Paris, Amsterdam, Brussels, Lisbon, Dublin and Oslo. He writes it on Friday The Sun 24 hours, reporting the words of the CEO of Euronext, Stéphane Boujinah.

To date this is only a hypothesis, because the LSE has clarified that for the moment it does not intend to sell the company that manages Piazza Affari. “If they change their mind, though, we'd obviously be interested,” Boujinah told the financial newspaper.

But it's not over. Euronext aims to become a truly pan-European exchange and could also step forward to take over the Madrid Stock Exchange, for which the Zurich Stock Exchange has already put up $2,8 billion in cash. The response of the Spanish regulators to the friendly offer arrived from Switzerland is expected by May.

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