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Italy econ min says LSE-Borsa deal "positive"

ROME
Sat Jun 23, 2007 7:39am EDT

Stocks

   

ROME (Reuters) - Italian Economy Minister Tommaso Padoa-Schioppa lent his support to the London Stock Exchange's (LSE.L) takeover deal with Borsa Italiana, calling it "very positive".

"This is a very positive accord because it creates a very strong international presence," Padoa-Schioppa said.

He added the deal was part of "the important process of international strengthening of Italian financial institutions".


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