The London Stock Exchange took a key step toward gaining approval for its $15 billion Refinitiv deal by entering into talks for the sale of Borsa Italiana Group
The U.K. exchange operator took a key step toward gaining regulatory approval for its $15 billion acquisition of financial-data company Refinitiv by entering into exclusive talks for the sale of its Italian exchange operator.
London Stock Exchange Group PLC took a key step toward gaining regulatory approval for its$15 billion acquisitionof financial-data company Refinitiv Holdings Ltd. by entering into exclusive talks for the sale of its Italian exchange operator.LSE said Friday it is in discussions to sell Borsa Italiana Group to a consortium comprising pan-European rival Euronext NV, an investment arm of the Italian government and Intesa Sanpaolo SpA for an undisclosed amount.
The U.K.-based exchange operator indicated in July that it might sell Borsa Italiana amid efforts to secure approval from Europe’s antitrust regulator for the much bigger Refinitiv deal. The European Commission has raised concerns that the tie-up could give the combined entity undue power over European government-bond trading, among other areas.
But the sale of Borsa Italiana, which includes bond-trading platform MTS SpA, is expected to reduce that potential sway over the market, bankers and analysts have said.A representative for the commission declined to comment. Read more: The Wall Street Journal »
Amy Coney Barrett Supreme Court confirmation hearing live updates
The high-stakes confirmation hearing for Judge Amy Coney Barrett, President Donald Trump’s Supreme Court nominee, is underway Monday in the Senate Judiciary Committee.
Nice statue in the picture. Wtf? This would go hand in hand with the Brexit, let an EU company handle EU data, even the Deutsche Bourse group would be better 🖕😄😁😄 Will be a fantastic deal...😆
The Hut Group IPO Mints New British Billionaire Matt MouldingBritain has a new e-commerce billionaire following Wednesday’s listing of the Manchester-based e-commerce firm, The Hut Group, on the London Stock Exchange. I'm sure that's inspiring to all the people on food lines now.
Trump, eyeing undecided voters, loses one during TV exchangeIf President Donald Trump agreed to a Pennsylvania town hall to sway undecided voters, his exchange with a literature professor born with a chronic disease lost him at least one vote in the battleground state. Ellesia Blaque voted reluctantly for Hillary Clinton in 2016, and dislikes Sen. Kamala Harris Yeah, that person wasn’t undecided. Fake news UNDECIDED WILL GO WITH BIDEN FOR THE MOST PART..UNDICIDED ARE THOSE THAT VOTED TRUMP,BUT NOW DONT REALLY LIKE HIM NOW.
Amazon UK unit pays $8 million corporation tax as sales hit $17.5 billionAmazon.com Inc's main UK subsidiary, Amazon UK Services Ltd., paid just 6.3 million pounds ($8 million) in corporation tax in 2019 despite the group reporting over $17.5 billion in sales in Britain, accounts published on Wednesday show. 👍👍👍👍 should have been $3.5 billion.
SoftBank Sells Brightstar, Carrying On Its Divestiture SpreeJapan’s SoftBank continued a remarkable string of asset sales, saying it is selling U.S.-based wireless-services unit Brightstar to a private-equity firm founded by a former Brightstar executive. Never let a crisis go to waste eh? NarcoTole kunaendaje lol?
Platinum, Palladium Prices Diverge as Car Makers See Uneven RecoveryAs key ingredients in catalytic converters, platinum and palladium are at the forefront of efforts to reduce auto emissions—but the price of the former has stagnated while the latter has jumped
Shares of furniture retailer Herman Miller soar 35% as home office sales surgeHerman Miller reported fiscal first quarter earnings per share of $1.24, blowing past the earnings of 26 cents per share expected by Wall Street, according to Refinitiv. It’s true, I just unloaded $12,300 for a whole new home office from them!! Are you invested in Herman Miller, $MLHR? Claim your free stock now: WorkFromHome Homeschooling homeoffice investing AJInsight Called this one