Move to return £510 million to shareholders follows lapse of Macquarie offer
Says bid fails to recognize LSE’s value
The London Stock Exchange reports that 2005 was a record year for international listings.In 2005, the London Stock Exchange attracted a record 129 international companies, from 29 countries, to its Main Market and AIM – an increase of 82% from 2004. International companies raised a total of £5.9 billion ($12.11 billion) in new issues on […]
Offer “fundamentally undervalues the company”, board says
Number of trades up 23% in November
The board of the London Stock Exchange plc is rebuffing the latest takeover it has received, this one from Macquarie Bank Ltd. of Australia.The LSE board issued a statement indicating that it has received a proposal from Macquarie Bank about making a cash offer to acquire London Stock Exchange for 580 pence per share. It […]
Macquarie must submit formal offer by December 15
Trading volume up 30% in October
Exchange plans share buyback program
Euronext, Deutsche Boerse must ensure independence of of LSE clearing services