Borse Dubai, the company that controls Dubai’s two stock exchanges and has a stake in London Stock Exchange (LSE.L) said today it is supportive of management initiatives to create shareholder value in the LSE.
It was reported earlier that the London Stock Exchange is to buy the owner of the Toronto Stock Exchange (X.TO) in an all share deal to create a major centre for trading.
“We have been following these developments with interest. Borse Dubai has always been supportive of management initiatives to create shareholder value in the London Stock Exchange. We continue to support the management in their efforts to create both a stronger platform and a more valuable enterprise for stakeholders,” Borse Dubai said in a statement.
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