Rome and Paris are studying a joint investment in Italy's bourse
to create a capital markets giant lead by both countries, daily
Milano Finanza reported on Friday, citing parliamentary sources.
-- The plan foresees an investment by the countries' state
lenders in Borsa Spa, which also includes European bond trading
platform MTS, and Elite, a company that coordinates 1,300
unlisted small and medium enterprises
-- The Italo-Franco bourse would have an Italian chairman
and a French CEO and would also be open to stakes being held by
private shareholders such as banks, the paper added.
-- Italy's government is preparing a proposal to present to
the London Stock Exchange, the current owner of Borsa Spa,
according to the daily. The plan could see Italy's bourse move
under pan-European stock exchange Euronext, it added.
-- Source link: hthttps://bit.ly/3dzZvrb
-- Note: Reuters has not verified this story and does not
vouch for its accuracy
(Reporting by Agnieszka Flak)