ROME: Italy is considering teaming up with Euronext NV to pursue an acquisition of the country’s stock exchange operator, people with knowledge of the matter said.
The government and Euronext have been weighing the possibility of a joint purchase of Borsa Italiana SpA, which is owned by London Stock Exchange Group Plc, the people said, asking not to be identified because the information is private. In one scenario under discussion, Euronext would end up as the owner of the Italian bourse while state-owned Cassa Depositi e Prestiti SpA (CDP) would get a stake in Euronext, the people said.