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Italian finance minister Gualtieri has met Euronext boss to discuss Borsa bid - sources

Thu, 10th Sep 2020 13:42

By Giuseppe Fonte and Pamela Barbaglia

ROME/LONDON, Sept 10 (Reuters) - Italy's Finance Minister
Roberto Gualtieri held talks over the future of Borsa Italiana
with Euronext Chief Executive Stephane Boujnah in a
private meeting in Rome on Sept. 9, two sources told Reuters.

The discussions focused on the terms of a joint bid between
Italian state lender Cassa Depositi e Prestiti (CDP) and French
stock market operator Euronext for the Milan Bourse, the sources

Euronext has offered Italy two seats on its managing board
to address Italy's demands to have a say over Borsa's strategy
going forward, the sources said.

Rome is keen to see the Euronext consortium prevail in
negotiations with owner the London Stock Exchange, which has set
a Sept. 11 deadline for non-binding offers, they said.

Italy's Treasury and Euronext declined to comment.
(Reporting by Giuseppe Fonte in Rome and Pamela Barbaglia in
London; Editing by Jan Harvey)

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