LSE confident of shareholder support for Italy deal
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LONDON/MILAN  - The London Stock Exchange (LSE) is confident of winning shareholder support for its 1.6 billion euro ($2.2 billion) takeover of Borsa Italiana, it said on Monday, despite a mixed reception to the deal.
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The Italian press was unusually united last week, offering near-unanimous support for the government&#39;s reported decision to pay a ransom to secure the release of Simona Torretta and Simona Pari, the two hostages held in Baghdad.
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The Italian government gives its backing to Air France-KLM's proposal to buy Alitalia.
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Secretary of State Condoleezza Rice  firmly supports the European Union's emerging common foreign  policy and Washington will welcome further EU integration, the  Financial Times quoted her as saying on Friday.
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The EU Commission chief backs his team after an Italian candidate was rejected by a panel of MEPs.
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London Stock Exchange Plc said on Monday it had received an approach from mainland European stock market Euronext.
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Richard Branson says he remains confident that a deal to rescue Northern Rock can be done.
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Italy's upper house of parliament will hold a confidence vote on Prime Minister Romano Prodi's government on Thursday evening, a Prodi ally said on Tuesday.
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With news that the London Stock Exchange (LSE) has knocked back a Â£1.35bn offer from its German rival Deutsche Boerse, the ordinary shareholder may be wondering what lies ahead.
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Italian PM Romano Prodi will face a vote of confidence in parliament after a key coalition ally resigned.
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London equities stayed in positive territory on Friday with shares in BT Group standing out after bullish comment on the company&#39;s prospects from its chief executive.
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The London Stock Exchange (LSE) discusses a $2bn bid for its Italian counterpart, say sources quoted by Reuters.
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Shareholders of Italy's struggling state-controlled airline Alitalia on Thursday approved company law expert Berardino Libonati as the company's new chief executive.
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Euronext shareholders back the stock market operator's 10.9bn euros takeover by the New York Stock Exchange.
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The London Stock Exchange (LSE) reveals it is discussing a possible merger with its Italian counterpart.
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Italy's center-left leaders have agreed to back Romano Prodi's bid to stay on as prime minister, boosting his chances of ending a crisis that risks plunging the country into political paralysis.
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The deadline in the Nasdaq's approach to LSE shareholders to accept its proposed takeover bid approaches.