- Bourse operator London Stock Exchange said it had entered into exclusive talks to sell Italian exchange group Borsa Italiana to Euronext.

The company confirmed it had received and reviewed a number of proposals from several parties for each of MTS and Borsa Italiana as a whole.

'Any potential sale will be dependent upon the outcome of the European Commission's review of the Refinitiv transaction and that transaction closing in accordance with its terms,' it added.

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