NYSE owner plots offer for London Stock Exchange | Business | The Guardian:
"Shares in the London Stock Exchange jumped nearly 9% after the owner of its New York rival said it was pondering an offer for the company, sparking the prospect of a bidding war.
The LSE is in talks with Deutsche Börse in Frankfurt to clinch a £20bn merger – their third attempt at a tie-up in 16 years. It would combine the LSE’s share trading operation with the German exchange’s Eurex derivatives business, creating the third largest exchange operator in the world in terms of stock market value.
However, Intercontinental Exchange, which is based in Atlanta and owns the New York Stock Exchange, said in a statement on Tuesday morning that it was “considering making an offer” for the LSE. It stressed that no approach had been made to the LSE’s board, and no decision had been made as to whether to pursue such an offer."
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