London Exchange Rejects German Proposal
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The London Stock Exchange PLC has received and rejected a bid proposal from Germany's main stock exchange, Deutsche Boerse AG , the exchanges said Monday.
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Deutsche Boerse turned up the heat in the long-running battle for the London Stock Exchange, saying it would talk directly with the LSE's shareholders and users after the London market's management rejected Frankfurt's 1.3-billion-pound takeover bid as insufficient.
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Volkswagen, Europe's largest carmaker, rejects a trade union offer  to limit workers' pay rises, saying it does not go far enough.
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The last time Deutsche Borse attempted a deal with the London Stock Exchange it was portrayed as a merger of equals. The two exchanges, both mutuals, in 2000 planned to join
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A bidding war involving Europeâs three major exchanges was on the cards today after Paris-based Euronext made an approach to rival Deutsche Boerseâs Â£1.35 billion offer for the London Stock Exchange.
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Deutsche Boerse has its hopes for a Swiss merger dashed as Zurich's stock exchange rejects its advances.
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BRUSSELS, Belgium - The European Union rejected a US demand to ban government loans to aircraftmaker Airbus SAS, intensifying a dispute between the two trading partners.
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The London Stock Exchange  reiterated its opposition to a hostile bid from Nasdaq Stock Market Inc  on Monday, noting that valuations of trading exchanges had risen since its U.S. rival launched its bid.
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The pension plan at a U.K. unit of  bankrupt auto parts maker Federal-Mogul Corp. FDMLQ.OB on  Friday rejected a $130 million offer by financier Carl Icahn to  keep it afloat, prompting a warning from bondholders that the  plan may be liquidated.
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New shareholders should not be admitted  to European plane maker EADS's  shareholder pact,  German Chancellor Angela Merkel said in a newspaper interview  when asked about allowing Russian investors to buy in.
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London Stock Exchange Plc, Europe&#39;s third-largest exchange by market value, said it received a 1.35 billion-pound ($2.6 billion) takeover offer from Deutsche Boerse AG, the second attempt
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German Finance Minister Hans Eichel declined to provide additional comment on currencies when pressed at the closing news conference of a G20 meeting of rich and developing countries in Berlin on Sunday.
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The German bourse meets with the LSE amid talk that it will raise its proposed bid price for the London Stock Exchange to Â£1.5bn.
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The US stock exchange operator Nasdaq has said that it has failed to win control of the London Stock Exchange after LSE shareholders decided against backing a hostile takeover worth 2.9 billion pounds.
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The US stock exchange operator Nasdaq failed to win control of the London Stock Exchange after LSE shareholders decided overwhelmingly against backing a hostile takeover worth 2.9 billion pounds (4.4 billion euros, 5.5 billion dollars).
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Nasdaq Stock Market Inc. will take its sweetened offer for London Stock Exchange Group PLC directly to shareholders after Europe's biggest equity market rejected the bid, saying it substantially undervalues the company.
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DEUTSCHE Borse yesterday put flesh on the bones of its plan to take over the London Stock Exchange - but its current 530p offer was again rejected by the LSE and the Germans refused to rule out going hostile.