LSEG to complete divestment of Borsa Italiana Group to Euronext

LSEG to complete divestment of Borsa Italiana Group to Euronext

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)

+44 (0)20 7797 1222

+44 (0)20 7797 3322

Paul Froud (Investors)

Teneo (Communications Adviser to LSEG)

 

Lucas van Praag, Doug Campbell

+44 (0)20 7420 3183

 

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