LSE in £33m deal for Eurotix

London Stock Exchange Group has inked a deal to buy Italian trading platform Eurotlx from Banca IMI and UniCredit for about €40m (£33m), sources close to the matter have said. “The agreement has been signed but not finalised,” one of the sources told Reuters, noting that the deal needed to be approved by the Bank of Italy.

The two Italian banks will keep a small stake in Eurotlx, the size of which has yet to be defined, another source said.