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Capuano: following consolidation he’s keen to see Borsa Italiana list as soon as possible |
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Borsa Italiana has finally decided to join the game of market infrastructure consolidation in Europe.
On July 17 the Italian stock exchange received approval from the majority of Monte Titoli’s shareholders to acquire the Italian central securities depository – Italy’s custody, clearing and settlement house. Borsa Italiana has offered Monte Titoli the equivalent of approximately ¤16 a share with 50.6% to be paid in shares and 43.9%
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