LSE hints it will reject £3bn takeover

The London Stock Exchange hinted today that it would refuse any takeover offer pitched at £3bn (€4.3bn) after US rival Nasdaq snapped up 15% of its shares.

LSE hints it will reject £3bn takeover

The London Stock Exchange hinted today that it would refuse any takeover offer pitched at £3bn (€4.3bn) after US rival Nasdaq snapped up 15% of its shares.

The LSE said its current share price of 1198.5p did not “fully reflect the shift in its growth prospects, its unique franchise or the strategic options available to it”.

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