Divestment of Borsa Italiana Group to Euronext

RNS Number : 0452X

London Stock Exchange Group PLC

29 April 2021

 

FOR IMMEDIATE RELEASE

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION

29 April 2021

LSEG to complete divestment of Borsa Italiana Group to Euronext

London Stock Exchange Group plc ("LSEG" or the "Company") notes the announcement from Euronext N.V. ("Euronext") and confirms that it expects to close the divestment of London Stock Exchange Group Holdings Italia S.p.A. and its business (the "Borsa Italiana Group") to Euronext for a total cash consideration of €4,443,860,471 today.  

As communicated in LSEG's shareholder circular published on 14 October 2020, LSEG's intention is to use the net proceeds from the Borsa Italiana Group divestment to repay indebtedness related to the Refinitiv acquisition and for general corporate purposes.

- Ends -

For further information, please contact:

London Stock Exchange Group plc
Lucie Holloway, Rhiannon Davies (Media)	[phone] [phone]
Paul Froud (Investors)
Teneo (Communications Adviser to LSEG)
Lucas van Praag, Doug Campbell	[phone]

This announcement is made on behalf of LSEG by Lisa Condron, the Group Company Secretary of LSEG.

 

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