Almost a month after the takeover of Euronext (They control the stock markets of Brussels, Amsterdam, Paris, and Lisbon) a deal was made on Friday for London's Stock exchange to buy Milan's Italiana. Shareholders in the Milan stock exchange will be offered almost five shares of the LSE for each ordinary share of Borsa Italiana. The deal, still needing to be confirmed by shareholders, is said to be received with open arms by many people of Italy who believe that it will draw more attention and bring more capital to Italian businesses.
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