Tuesday, March 1, 2016

Exchange: LSE “note” the interest of ICE for it but negotiates … – Boursorama



The entrance to the London Stock Exchange (LSE) in London, March 7, 2013 (AFP / File / LEON NEAL)

the entrance to the London Stock Exchange (LSE) in London, March 7, 2013 (AFP / File / LEON NEAL)

“the group’s board LSE notes the announcement by ICE that it intends to submit an offer for the LSE group, “said the operator of the London Stock Exchange in a statement in which he said he had received” no proposal “the US group .

“There is no certainty that an offer will be filed or on terms that would be of such an offer,” said the LSE.

“After the announcement of 26 February, the discussions between the LSE and Deutsche Börse group continues about a possible merger of equals “, but added the LSE, warning that new information would be” issued at the appropriate time. “

the British LSE and Deutsche Börse German have announced last week the entry into negotiations on a possible marriage. The new group is domiciled in London and overseen by a new UK headquarters while the German Carsten Kengeter, current CEO of Deutsche Börse, would become the boss of the merged group, which would have premises in London and Frankfurt.

in addition to the London Stock Exchange, LSE also manages including the Milan Stock Exchange and the investment company and US indexes Russell investments, while Deutsche Boerse owns the Frankfurt Stock Exchange as well as the Luxembourg clearing house Clearstream and the derivatives platform Eurex.

under the regulation, Deutsche Börse, which would officially acquired LSE, has until March 22 to make a formal offer, while the ICE, which is now entered the game, has until March 29 to file or not a formal offer for the LSE.

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