MILAN/ROME: London Stock Exchange is mulling an overhaul of its Italian business MTS ahead of a potential merger with data provider Refinitiv, two Italian sources with knowledge of the situation said on Thursday.
The British group is moving ahead with a US$27 billion plan to buy Refinitiv after Hong Kong's bourse scrapped an unsolicited US$39 billion bid for the London exchange operator.Thomson Reuters, a professional information company that is the parent of Reuters News, holds a 45per cent stake in Refinitiv.
The sources said the plan the LSE was considering envisaged shutting down BondVision because Refinitiv has a similar bond trading platform, Tradeweb .