Euronext says Borsa Italiana takeover will boost its earnings

FILE PHOTO: The logo of stock market operator Euronext is seen on a building in the financial district of la Defense in Courbevoie, near Paris, France, May 14, 2018. REUTERS/Charles Platiau/File Photosaid on Friday its planned takeover of Borsa Italiana would boost its earnings, and was expected to be immediately accretive to its adjusted earnings per share before synergies.

“Thanks to this transaction, Euronext will significantly diversify its revenue mix and its geographical footprint by welcoming the market infrastructure of Italy, a G7 country and the third largest economy in Europe,” Euronext CEO Stéphane Boujnah said.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

IMF economic outlook: Lifting lockdowns won't help recovery until cases fall - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Is that danielricciardo ? Florida is a prime example That's unfortunate, but not surprising. COVID cases continue to increase, eliminating the interest in going outside.
Source: BusinessInsider - 🏆 729. / 51 Read more »

European stocks flat as upbeat earnings offset U.S. stimulus doubtsEuropean stocks hovered near a two-week high on Wednesday as upbeat earnings reports from UK's Tesco and Germany's Dialog Semiconductor helped offset uncertainties surrounding a fresh U.S. stimulus package.
Source: Reuters - 🏆 2. / 97 Read more »