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April 30, 2021

LSEG to complete divestment of Borsa Italiana Group to Euronext

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

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.

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

About London Stock Exchange Group

LSEG (London Stock Exchange Group) is a leading provider of financial markets infrastructure and a global supplier of data and analytics, news and index products.

We help businesses and economies fund innovation, manage their risk and create jobs by supporting customers at every point in the trade lifecycle – from making pre-trade decisions and executing those trades to raising capital and settlement.

With 23,000 people in 70 countries, we draw on 300 years of knowledge and experience to help drive financial stability, empower economies and enable sustainable growth.
 

Contacts

Media
Lucie Holloway, Rhiannon Davies (Media)
+44 (0)20 7797 1222
+44 (0)20 7797 3322

Investors
Paul Froud
+44 (0) 20 7797 3322
ir@lseg.com

Teneo
(Communications Adviser to LSEG)
Lucas van Praag, Doug Campbell
+44 (0)20 7420 3183