The coronavirus pandemic is not likely to stop the M&A spree that Europe’s top three stock market operators — London Stock Exchange Group PLC, Euronext NV and Deutsche Börse AG — have been on in the past few years.
Although the health crisis caused a slump in global M&A activity in the first half of 2020, it has not affected the deal-making appetite in the European financial market infrastructure space. M&A as a means to achieve scale remains attractive to the sector despite the pandemic, law firm White & Case said in its first-half M&A trends report released July 13, highlighting the “aggressive M&A plans” of LSE, Euronext and Deutsche Börse.
- Vanya Damyanova, Francis Garrido
- S&P Global Ratings
- https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/coronavirus-pandemic-will-not-stop-european-exchanges-m-a-spree-59298203