LSE unveils Turquoise acquisition

The London Stock Exchange today announced a deal to acquire its loss-making rival Turquoise.

LSE unveils Turquoise acquisition
Mon, 21 Dec, 2009 - 10:54

The London Stock Exchange today announced a deal to acquire its loss-making rival Turquoise.

The agreement, which will see the LSE take a 60% stake in the smaller trading platform, will give it a trading presence across Europe.

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CourtsBusinessHeathrowPlace: EuropePlace: LondonPerson: David LesterPerson: Xavier RoletOrganisation: LSEOrganisation: TurquoiseOrganisation: London Stock ExchangeOrganisation: Goldman SachsOrganisation: Morgan StanleyOrganisation: Chi-XOrganisation: BATS
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