EURONEXT shareholders yesterday approved overwhelmingly a $14 billion (€10.63bn) plan to merge the multinational European exchange operator with the New York Stock Exchange and form the first transatlantic bourse.

One of the potential bidders for the London Stock Exchange (LSE) outlined details of its plans today – but kept the market guessing on how much it might pay.

Pan-European stock exchange Euronext is planning a rival bid for the London Stock Exchange, it was reported today.