Euronext preps equity sale to fund Borsa Italiana deal

By Sam Kerr
09 Oct 2020

Euronext is preparing for a €2.4bn equity raise after it agreed a deal with London Stock Exchange Group for the Borsa Italiana.

LSEG and Euronext announced on Friday that they had agreed a €4.3bn deal for the Italian bourse, initially financed through a bridge loan from Bank of America, Crédit Agricole, HSBC and JP Morgan.

The final financing package will include €2.4bn of new equity which will ...

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