LSE shares up 7%

London Stock Exchange shares rose more than 7% after it struck a deal to buy up to 60% of clearing house LCH.Clearnet.

LSE shares up 7%
Fri, 09 Mar, 2012 - 15:40

London Stock Exchange shares rose more than 7% after it struck a deal to buy up to 60% of clearing house LCH.Clearnet.

Chief executive Xavier Rolet said the move, which will cost it up to £387m (€607.5m), will allow LSE to offer new products and better services for its clients.

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