Italy readies plan to bolster watchdog powers to defend Milan bourse squib

Italy's ruling parties plan to increase the powers available to market regulator Consob to shield the country's stock exchange, according to draft legislation seen by Reuters. Italy's bourse is owned by the London Stock Exchange (LSE) , which is seeking to acquire data and analytics company Refinitv. Thomson Reuters , , the parent company of Reuters News, owns 45% of Refinitiv.
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