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Intesa Is Poised for Role in Italy Bid for Borsa Italiana

  • Bank may join Italy’s Cassa Depositi and Euronext in deal
  • Italy government seeks ownership role alongside France
The Borsa Italiana in Milan.

The Borsa Italiana in Milan.

Photographer: Gianmarco Maraviglia/Bloomberg
Updated on

Intesa Sanpaolo SpA is likely to play a part in the possible purchase of Borsa Italiana SpA being considered by Italian state-owned lender Cassa Depositi e Prestiti SpA and Euronext, according to people with knowledge of the matter.

The government and Euronext have been weighing a joint bid for the stock exchange operator, owned by London Stock Exchange Group Plc, and Intesa Sanpaolo is likely to play a part, the people said, asking to not be identified because the information is private. No final decision has been made and the plan may not be completed, they said.