Rebel shareholders could scupper LSE takeover

Rebel shareholders could force the last remaining suitor for the London Stock Exchange to walk away from a takeover, it was reported today.

Rebel shareholders could scupper LSE takeover

Rebel shareholders could force the last remaining suitor for the London Stock Exchange to walk away from a takeover, it was reported today.

It is understood that US-based hedge funds will oppose any attempt by Pan-European exchange Euronext to offer a price that is significantly higher than 400p a share, valuing the LSE at just £1bn (€1.4bn).

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