21 August 2017
Find out more

Borsa Italiana buys Pro Mac

09 September 2010  |  3259 views  |  0 Source: LSE

Borsa Italiana S.p.A., a subsidiary of London Stock Exchange Group, today acquired 94.4 per cent of Pro Mac S.p.A., the company responsible for the promotion of MAC (Mercato Alternativo Del Capitale), for a cash consideration of €5.147 million from 22 existing shareholders of the company, including a number of leading Italian banks and associations.

Borsa Italiana will own 99.6 per cent of Pro Mac S.p.A. following the transaction.

MAC is one of the markets dedicated to Italian small and mid-cap companies which is currently managed by Borsa Italiana. The largest Italian banking groups will continue to operate as Sponsors for MAC companies. MAC will maintain its current regulatory framework.

This acquisition will enable Borsa Italiana to further develop markets for Italian small and mid-cap companies, with a focus on providing an integrated management structure better suited to issuers' needs.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.dorsum.euvisit www.vasco.comdownload the paper now

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
11024 views comments | 25 tweets | 23 linkedin
hands typing furiouslyWhy Is Risk Analytics Important?
9271 views 0 | 5 tweets | 1 linkedin
Barclays pairs banking data with third party apps for SmartBusiness DashboardBarclays pairs banking data with third par...
9169 views comments | 21 tweets | 26 linkedin
Norwegian banks and startups form fintech clusterNorwegian banks and startups form fintech...
9047 views comments | 19 tweets | 23 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
8875 views comments | 10 tweets | 8 linkedin