Abu Dhabi is in talks to buy the 20 percent stake in London Stock Exchange Group Plc owned by Borse Dubai Ltd., the Sunday Times said, without saying where it got the information.
Abu Dhabi offered $1.5 billion for the stake, according to the report. The three stock exchanges in the United Arab Emirates may merge as part of the deal, the report said.
London Stock Exchange spokesman Alastair Fairbrother declined to comment when contacted by telephone today. A Borse Dubai spokesman declined to comment on the report.
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