In the City: London Stock Exchange Back in Deal Spotlight

Summary

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WHILE the market is suddenly bursting into life with deals as investment bankers start coming back from holiday, one of the longest-running takeover sagas of the decade is slowly coming back into life - the battle for the London Stock Exchange itself.

Pan-European stock exchange operator Euronext will this week come under pressure to reveal its intentions towards the LSE when it publishes its half-year results.

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Extract

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In the City: London Stock Exchange Back in Deal Spotlight

The company's chief executive, Jean Francois Theodore, has been locked in talks with the Competition Commission on finding ways round the regulator's concerns about the impact of a possible bid. Theodore looks likely to be forced to...

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