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Rome monitoring LSE-Refinitiv impact on Italy bourse, bond market

Sat, 08th Feb 2020 10:16

BRESCIA, Italy, Feb 8 (Reuters) - Italian authorities are
closely monitoring each step of the London Stock Exchange's
acquisition of Refinitiv because it affects the country's
financial market infrastructure, the Bank of Italy's governor
said on Saturday.

LSE agreed in August to buy financial data provider
Refinitiv, triggering speculation about the possible sale of
assets to gain antitrust approval and to fund the deal.

LSE owns the Milan bourse, government bond platform MTS and
other financial market platforms key for Italian markets.

Rome will be monitoring that LSE's Italian units continue to
pursue the general public interest as the LSE-Refinitiv deal
proceeds, central bank head Ignazio Visco said at the annual
Assiom-Forex conference.
(Reporting by Valentina Za and Andrea Mandala; Writing by
Francesca Landini; Editing by Alexander Smith)

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