(Reuters) - The LSE bid, which Borsa Italiana will continue discussing on Friday, is mostly in shares with a small amount of cash, the sources said. It would see five board members in a new company from the Italian side and seven from London.
"Borsa's value is under 30 percent of the total of the two companies but the LSE is giving Borsa, which ends up under its control, a premium at the board level," one of the sources said.
Read more at Reuters.com Mergers News
"Borsa's value is under 30 percent of the total of the two companies but the LSE is giving Borsa, which ends up under its control, a premium at the board level," one of the sources said.
Read more at Reuters.com Mergers News
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