Euronext Group (Euronext) has acquired the the technology businesses currently powering MTS, its fixed-income trading platform, and Euronext Securities Milan (formerly called Monte Titoli) from Nexi.
The purchase price will be paid in cash and amounts to c€57 million, subject to customary closing adjustments.
This transaction is a new step in Euronext’s strategy to leverage its integrated value chain as it further enhances Euronext’s technology competencies and capabilities in trading and post trade.
The Transaction, which will be realized through Euronext’s subsidiaries MTS and Euronext Securities Milan, is expected to close in the second half of 2022 and is subject to the customary approvals from the competent authorities and completion of the union consultation procedure.
