(Bloomberg) -- The London Stock Exchange Group Plc
and Borsa Italiana SpA and intend to keep MTS SpA, the electronic
European government bond trading system, as part of their merger.
ICAP Plc, the world's biggest inter-dealer broker, hired
corporate finance company Lexicon Partners to advise it on a
possible bid for MTS. Milan-based Borsa Italiana, which today
agreed to be bought by the LSE for 1.63 billion euros ($2.2
billion), this month exercised an option to buy a controlling
stake in MTS after Euronext NV, the joint owner of the platform,
was acquired by the New York Stock Exchange.
Read more at Bloomberg Bonds News
and Borsa Italiana SpA and intend to keep MTS SpA, the electronic
European government bond trading system, as part of their merger.
ICAP Plc, the world's biggest inter-dealer broker, hired
corporate finance company Lexicon Partners to advise it on a
possible bid for MTS. Milan-based Borsa Italiana, which today
agreed to be bought by the LSE for 1.63 billion euros ($2.2
billion), this month exercised an option to buy a controlling
stake in MTS after Euronext NV, the joint owner of the platform,
was acquired by the New York Stock Exchange.
Read more at Bloomberg Bonds News
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