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CME CME Group Inc

197.37
0.36 (0.18%)
17 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
CME Group Inc NASDAQ:CME NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.36 0.18% 197.37 193.56 201.36 199.55 197.08 198.29 2,106,491 01:00:00

CME Group Mulling Possible Bid for London Stock Exchange - Source

01/03/2016 11:30am

Dow Jones News


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Eyk Henning

 

CME Group Inc., the operator of the Chicago Mercantile Exchange, is mulling a takeover bid for London Stock Exchange Group PLC , according to a person familiar with the matter.

The interest comes as LSE is in advanced talks about a merger with Deutsche Börse AG. Intercontinental Exchange Inc, the operator of the New York Stock Exchange, has also said it is mulling a potential bid for the LSE.

While the CME has not yet decided whether to proceed with a bid, it appears to have more financial firepower and less antitrust issues than ICE, the person familiar said.

The LSE remains committed to a friendly deal with Deutsche Börse but it would have to consider potential rival bids by ICE or CME, the person added.

A spokeswoman for CME declined to comment.

 

Write to Eyk Henning at eyk.henning@wsj.com

 

(END) Dow Jones Newswires

March 01, 2016 06:15 ET (11:15 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.

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