Euronext pulls out of LSE takeover

French stock market operator Euronext was today said to have ruled itself out of the running for the London Stock Exchange because the price has risen too high.

French stock market operator Euronext was today said to have ruled itself out of the running for the London Stock Exchange because the price has risen too high.

Takeover interest in LSE has seen shares in the company leap from around the 450p mark in April last year to a closing price of 668.5p on Friday.

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