LSE woos Tokyo after US bid fails
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The LSE pushes for closer ties in Japan, following a failed bid for the UK market by US rival Nasdaq.
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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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Tokyo stocks ended mixed Tuesday as investors grew cautious ahead of the US presidential election. The US dollar edged higher against the Japanese yen.
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Europe's main stock exchanges slid on Tuesday, with London dragged downwards by a weak trading update from retailer Tesco, and as investors awaited fresh US earnings news.
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As Nasdaq's battle for the London Stock  Exchange  reaches a climax on Saturday with the deadline  for shareholders to accept, the LSE's share price suggests the  U.S. bourse may fail, analysts said.
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LONDON, Feb. 10 -- The Nasdaq Stock Market failed for the second time in a year to win control of the London Stock Exchange, revealing Saturday that its $5.3 billion hostile bid was rejected by LSE shareholders.
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The London Stock Exchange has described a hostile takeover bid by US stock exchange operator Nasdaq as &quot;wholly inadequate&quot; and called on its shareholders to reject the offer worth 2.9 billion pounds.
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The London Stock Exchange (LSE) has rejected a proposed offer for the company from Deutsche Boerse valued at 530 pence per share in cash.
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The Tokyo Stock Exchange  has decided to tie up with the London Stock Exchange , and is set for an official alliance accord when TSE President Taizo Nishimura visits the U.K. in late February, Kyodo News reported on Sunday, citing exchange officials.
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Tokyo share prices fell steeply Friday, led by technology stocks after a disappointing report from US chip giant Intel. The US dollar was up against the Japanese yen.
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LONDON  -- Nasdaq Stock Markets Inc.  suffered a resounding defeat in its hostile bid for the London Stock Exchange  on Saturday, winning just 0.41 pct of acceptances for its offer for Europe's largest share market.
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No immediate counter offer is expected in the bidding battle for the London Stock Exchange. The pan-European stock exchange Euronext is, however, weighing up the prospects of such a move, according to sources close to it.
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London equities lost ground after the release of worse-than-expected US employment data.
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The steep sell-off swept in global stock markets continued on Wednesday as Asian equities followed US markets lower, led by Tokyo, where the benchmark Nikkei 225 average tumbled nearly 3 per cent to close 501.95 lower at 16,7676.89.
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Europe&#39;s main stock markets fell after Tokyo closed sharply lower, as investors revisited concerns about the economic impact of the US housing crisis, dealers said Wednesday.
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Pan-European group Euronext is poised to launch a bid for the London Stock Exchange, UK media reports say. Last week, the LSE rejected a takeover proposal from German rival Deutsche Boerse - the 530 pence-a
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The London Stock Exchange said it had rejected a Â£1.3bn takeover bid from Deutsche Boerse but held the door open to talks that could result in a deal with the German exchange.