The story about possible mergers for London Stock Exchange continues. European Commission gave the cold hand to a merge.
It ain’t over til the fat lady sings…
Merger between Nasdaq and London Stock Exchange – Business Insider
The London Stock Exchange’s search for a buyer hit a wall last month when the European Commission put the kibosh on a merger between the London Stock Exchange and Germany-based Deutsche Börse.
Other exchanges, such as the Chicago Mercantile Exchange and the International Continental Exchange, the parent company of the New York Stock Exchange, have reportedly flirted with the idea of buying LSE.
But a recent note penned by equity research analysts at Credit Suisse, which explored the “strategic and financial merits” of 14 merger scenarios between various exchanges, says that a merger between Nasdaq and the London Stock Exchange would make the most sense. read more at businessinsider.com
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