Brown ally 'backs' Nasdaq takeover of LSE
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Ed Balls, seen as the closest ally of Britain's finance chief Gordon Brown, has hinted that he would back a takeover of the London Stock Exchange by Nasdaq, according to a report.
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The Nasdaq reveals a Â£2.7bn  hostile takeover bid for the London Stock Exchange.
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NYSE Euronext  and Australia's ASX Ltd  may be interested in buying part of Nasdaq Stock Market Inc's 31 percent stake in London Stock Exchange Plc , a person familiar with the matter said on Monday.
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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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British Prime Minister Gordon Brown defended on Monday his decision to nationalise troubled lender Northern Rock in the face of fierce criticism and questions over his reputation for economic competence.
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European stock exchange operator Euronext  expects that shareholders will vote in support of its merger plan with NYSE Group , board member Olivier Lefebvre said on Thursday.
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Liberal Democrat leader Menzies Campbell gave his support Wednesday to Prime Minister Gordon Brown&#39;s plans to approve the new European Union treaty by a vote in parliament and not a referendum.
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The board of Dow Jones & Co Inc has endorsed a $5 billion buyout offer from Rupert Murdoch's News Corp, sending the deal to the controlling Bancroft family for final approval.
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Nasdaq Stock Market Inc.   Chief Executive Bob Greifeld on Wednesday stood by his decision  to pursue the London Stock Exchange , while archrival  NYSE Group  reaffirmed why it wants to take over  European stock exchange operator Euronext .
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The London Stock Exchange rejects a Â£2.7bn takeover bid from US firm Nasdaq, saying it undervalues its business.
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German stock market operator Deutsche Boerse said its supervisory board had approved a possible cash offer for the London Stock Exchange (LSE), should its management decide to push ahead with the bid.
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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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NYSE Group Inc. Chief Executive John Thain said on Tuesday he was confident that shareholders of pan-European bourse Euronext would approve its planned merger with the New York Stock Exchange.
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Prime Minister Gordon Brown on Friday welcomed Chinese investment, saying he wanted Britain to be the top destination for money from the Asian giant.
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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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LONDON/MILAN  - The London Stock Exchange (LSE) is confident of winning shareholder support for its 1.6 billion euro ($2.2 billion) bid for Borsa Italiana, it said on Monday, despite a mixed reception to the deal.
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Business & money: UK-based bank confirms Â£9bn from the governments of China and Singapore will help it finance an improved takeover offer for Dutch rival ABN Amro.