Nasdaq 'approached' for LSE stake
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A number of bidders approach US exchange Nasdaq to buy its stake in the London Stock Exchange, say reports.
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The government-controlled stock exchange in Dubai is expected to announce that it will take significant ownership stakes in the Nasdaq and London Stock Exchange.
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LONDON  -- Nasdaq Stock Markets Inc.  suffered a resounding defeat in its 2.7 billion pound ( ($5.31 billion) bid for the London Stock Exchange  on Saturday, saying it had won just 0.41 pct of acceptances for its offer for Europe's largest share market.
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Nasdaq Stock Market  is willing to extend its initial Friday deadline for receiving expressions of interest in its 31 percent stake in the London Stock Exchange , a person familiar with the matter said on Tuesday.
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Deutsche Boerse has made a 1.3 billion  pound ($2.49 billion) approach for the London Stock Exchange,  and the LSE's rejection of it on Monday left observers doubting  a much better offer would emerge.
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Britain is mulling laws aimed at protecting its financial markets in the wake of a bid by New York's NASDAQ to buy the London Stock Exchange, the City minister said.
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The Nasdaq stock exchange, which holds a stake in the London Stock Exchange and tendered an offer to takeover the LSE, said that it had no intention of changing the LSE's management if its offer for the exchange lapses.
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The London Stock Exchange, fresh from fending off a takeover from US rival Nasdaq, has said that an agreement would be reached &quot;in the near future&quot; on a strategic alliance with its Tokyo counterpart.
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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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Deutsche Boerse AG, Europe&#39;s largest stock exchange by market value, made a 1.35 billion-pound ($2.6 billion) takeover offer for London Stock Exchange Plc, its second attempt in five years to buy the UK company.
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US stock exchange operator Nasdaq has said that shareholders in the London Stock Exchange have until January 11 to accept its hostile takeover offer.
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European stock market Euronext has met with the London Stock Exchange (LSE) amid speculation that it may be ready to launch a cash bid.
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The London Stock Exchange (LSE) reveals it is discussing a possible merger with its Italian counterpart.
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The London Stock Exchange today said it had rejected a Â£1.35 billion takeover approach from German rival Deutsche Boerse. Shares in the LSE have risen 25 per cent in recent weeks as investors anticipated a possible takeover bid.
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Nasdaq, the US firm which tried to buy the London Stock Exchange, offers to take over a Swedish rival for $3.7bn.
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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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Nasdaq  launched its 2.7 billion  pound ($5.3 billion) hostile bid for the London Stock Exchange   on Tuesday, appealing directly to investors after being  spurned by Europe's biggest stock market.