Italy assessing golden power scrutiny over CDP-Euronext clash on Milan bourse

Euronext NV

18/06/2026 13:36

ROME, June 18 (Reuters) - Italy is assessing whether the clash between state lender CDP and Euronext ENX.PA over the Milan bourse implies a breach of commitments agreed by the pan-European stock exchange operator with Italy, Economy Minister Giancarlo Giorgetti said.
Euronext, which operates the Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo, Athens and Paris exchanges, completed its acquisition of Borsa Italiana in 2021 ⁠from ​London Stock Exchange Group LSEG.L.
Giorgetti said the government was assessing whether the clash with CDP over the reappointment of the head of the Milan bourse would imply a breach of commitments agreed by Euronext and Italy under golden power rules at the time of the takeover.
Golden powers allow Rome to set conditions on deals affecting strategic assets.  

 (Reporting by Giuseppe Fonte, editing by Alvise Armellini)
 ((giuseppe.fonte@thomsonreuters.com; +390680307711;))