Borse Dubai has no plans to sell LSE stake

Borse Dubai has no plans to sell its stake in the London Stock Exchange Group and does not rule out increasing it, its chairman told Reuters in an interview.

Borse Dubai, which is wholly owned by the government of Dubai, holds a 21 percent stake in the LSE Group, making it the largest single shareholder, having acquired its holding as part of a complex three-way deal with Nasdaq and Europe's OMX group.

"It's a strategic investment and we will keep it as long as we feel we need to keep it," Essa Kazim said on Sunday, adding there were no current plans to sell.

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