Nasdaq set to keep stock exchange stake

New York’s Nasdaq today looked set to retain its stake in the London Stock Exchange, despite the crushing defeat for its £2.7bn (€4bn) takeover offer.

New York’s Nasdaq today looked set to retain its stake in the London Stock Exchange, despite the crushing defeat for its £2.7bn (€4bn) takeover offer.

As the LSE prepares for its first prolonged spell outside of an offer period since December 2004, it is likely to find Nasdaq remains as a shareholder.

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