Euronext Raising $2 Billion as Borsa Italiana Deal Completes
- Exchange operators buys Borsa Italiana for $5.3 billion
- CEO Boujnah says Euronext moving London data center to Italy
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Euronext NV is looking to raise 1.8 billion euros ($2.2 billion) in a rights issue after completing the purchase of Borsa Italiana.
The stock exchange is offering 30.5 million shares at an issue price of 59.65 euros each, according to a statement Thursday. That will help fund the 4.4 billion euro acquisition of London Stock Exchange Group Plc’s Italian operation.