LSE board meets to discuss Borsa deal - sources
LONDON/MILAN, June 21 (Reuters) - The London Stock Exchange (LSE.L) is holding a board meeting Thursday morning to discuss the terms of a possible deal with Borsa Italiana, sources close to the situation told Reuters on Thursday.
The LSE board will discuss how much of a stake Borsa Italiana would have in a future holding that would comprise both exchanges, the sources said.
"The proposal from the LSE will in all likelihood be made to Borsa Italiana so that it can be discussed at (Borsa's) board meeting today," said one of the sources.
Borsa Italiana holds a board meeting from 1300 GMT.
((Reporting by Jeffrey Goldfarb and Luca Trogni;+39 02 66129722; fax +39 02 801 149; milan.newsroom@news.reuters.com))
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