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CDP sues Euronext over Milan stock exchange CEO search

CDP sued Euronext in Amsterdam over the selection of a new Milan bourse chief. The Italian lender claims governance rights to initiate the CEO search process.

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Italian state lender Cassa Depositi e Prestiti (CDP) has initiated legal proceedings against Euronext N.V. in the Netherlands, according to sources familiar with the matter. The lawsuit, filed in an Amsterdam court, centers on a disagreement regarding the selection process for a new chief executive to lead the Milan stock exchange.

A pedestrian passes the Milan Bourse headquarters as international markets react to global trade developments, captured in Milan, Italy. REUTERS/Claudia Greco/File Photo
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