LSE expects backing for Borsa Italiana buy
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The boss of the London Stock Exchange expressed confidence on Monday that the group would succeed with its planned bid for Borsa Italiana, but doubts remained about the attitude of key shareholder Nasdaq to the deal.
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Azienda, offerta al di sotto del corso del titolo alla borsa
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Alitalia directors were expected to give formal backing to a four-year rescue plan that will free up a 400-million euro (486-million-dollar) state-backed loan to keep the carrier aloft.
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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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LONDON/MILAN  - The London Stock Exchange  is to buy its Italian counterpart for 1.6 billion euros ($2.15 billion), the two exchanges confirmed in a statement on Saturday, the latest step in a global consolidation of exchanges.
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MILAN : Alitalia directors were expected to give formal backing to a four-year rescue plan that will free up a 400-million euro (486-million-dollar) state-backed loan to keep the carrier aloft.
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LONDON/MILAN  - The London Stock Exchange  is to buy its Italian counterpart for 1.6 billion euros ($2.15 billion), a statement from the two confirmed on Saturday, the latest step in a global consolidation of exchanges.
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The London Stock Exchange confirmed Saturday it was buying the Borsa Italiana for 1.6 billion euros (2.15 billion dollars) in shares, according to a joint statement.
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Con Borsa Italiana saremo primi in Ue per societa' quotate
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Shares in the London Stock Exchange were in focus on news it was preparing a bid for Borsa Italiana as the broader market tracked steep losses on Wall Street at the open on Thursday.
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Hong Kong-based conglomerate Hutchison Whampoa is planning to list its Italian 3G mobile phone business on the Milan stock exchange.
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Abbey National shareholders are expected to back the takeover of the bank by Spain's Santander Central Hispano at a meeting on Thursday.
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NYSE Euronext Inc.   has entered the competition for the Borsa Italiana by submitting a preliminary bid to rival the London Stock Exchange Group's  offer, according to the online edition of the Wall Street Journal.
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The London Stock Exchange (LSE) on Monday night looked likely to be taken over by one of its overseas rivals, after more than 300 years as one of Britain's key institutions.
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Italian stock market operator Borsa  Italiana is ready to study a joint offer with Deutsche Boerse  for Euronext , which has already agreed a &#36;10 billion  deal to merge with the NYSE, Il Sole 24 Ore newspaper said.
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The London Stock Exchange confirmed Saturday it is buying Borsa Italiana for 1.6 billion euros (2.15 billion dollars), bolstering the LSE amid takeovers of European stock markets by US rivals.
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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.