Bidding war in prospect with LSE currently in talks with Deutsche Börse
Shares in the London Stock Exchange jumped 7% after the owner of its New York rival said it was pondering an offer for the company, sparking the prospect of a bidding war.
The LSE is in talks with Deutsche Börse in Frankfurt to clinch a £20bn merger – their third attempt at a tie-up in 16 years. They are planning a “merger of equals” in which both companies would share control of the boardroom, retain their separate brands and operate under a holding company structure.
from Mergers and acquisitions | The Guardian http://ift.tt/21yO5LX
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