MILAN, Oct 8 (Reuters) - The board of the London Stock Exchange is expected to approve on Thursday a binding offer by French bourse operator Euronext for the Milan stock exchange, three sources familiar with the matter said.
LSE entered exclusive talks with Euronext last month, after the Paris-bourse owner saw off competition from Deutsche Boerse and Swiss rival SIX for Borsa Italiana.
LSE is selling Borsa as part of regulatory remedies to see through its $27 billion purchase of data provider Refinitiv, which is 45% owned by Thomson Reuters, parent company of Reuters News.
Both LSE and Euronext declined to comment.
Reporting by Valentina Za in Milan, Giselda Vagnoni in Rome, Pamela Barbaglia in London and Maya Nikolaeva in Paris;
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