Franco-Dutch firm plans to complete purchase of Milan's stock exchange in first half of 2021

Franco-Dutch stock-exchange operator Euronext posted a 10.6% jump in net income in the third quarter, days after agreeing to buy Borsa Italiana from London Stock Exchange Group.

Euronext, which operates exchanges in Amsterdam, Paris, Brussels, Dublin, Oslo and Lisbon, said that its purchase of Milan's stock exchange was conditional on LSEG’s planned takeover of data provider Refinitiv getting approval from the European Commission.

Euronext posts bumper third quarter ahead of Borsa Italiana acquisition

Emily Nicolle

London Stock Exchange Group

Euronext

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