LSE in Swedish merger talks

THE London Stock Exchange was reported to have held talks with Swedish counterpart OMX about a merger and other potential tie-ups.

It is understood the discussions began in the summer after the LSE was approached about a takeover by German rival Deutsche Boerse.

The LSE had called off the secret talks with OMX to focus on fending off Australian bank Macquarie, which is mulling over a bid as part of a consortium.