London Stock Exchange Share Discussion Threads

[hooley] 07/3/2016 06:45

It's 30 years since I and 5000 fellow members sold out for £10,000 each, valuing the LSE at £50m. That business is now valued at £10bn. There's a message in there somewhere. My membership turns out to be worth £2m to the Germans. Funny old world, eh?

[leedskier] 02/3/2016 10:49

broadwood no I am not in, but a glance at the 3 year suggests I should have been.

[broadwood] 02/3/2016 10:12

Crikey, they're queuing up.


Hong Kong Exchanges and Clearing Ltd (HKEx) (0388.HK) is keeping a close eye on a proposed bid for London Stock Exchange (LSE.L) by Deutsche Boerse (DB1Gn.DE), Charles Li, chief executive of the Asian bourse operator said on Wednesday.

"I'm not saying we're doing anything and I'm not saying we are not doing anything. HKEx will be maintaining a lot of conversations to stay on top of the game," Li said at a news conference to comment on the company's results. "It is obviously a pretty major transaction and we will be watching it closely."

The HKEx owns the London Metal Exchange, which posted a 36 percent jump in revenue for 2015 and was a key contributor to its earnings last year

[broadwood] 01/3/2016 13:36

London Stock Exchange Group's shares soared after Intercontinental Exchange confirmed it is considering making a counter offer to LSE's proposed merger with Deutsche Boerse.

ICE - owner of the New York Stock Exchange - said no approach had been made to the board of LSEG and no decision had yet been made as to whether to pursue such an offer.

LSE's directors confirmed it had not received a proposal from ICE and confirmed that talks over the potential merger of equals with Deutsche Boerse continues to progress

[broadwood] 01/3/2016 12:21

Or maybe a German one.

US havn't made an offer yet.

Are you in Leeds?

[leedskier] 01/3/2016 12:19

US investment banks now control the City, it is only appropriate that a US firm owns the Stock Exchange too.

[broadwood] 01/3/2016 09:26

London Stock Exchange shares surged in early trade after New York's Intercontinental Exchange confirmed it was considering making a bid for the UK exchange to rival Deutsche Boerse's.
ICE, which owns the New York Stock Exchange, said no approach has been made yet.

"There can be no certainty that any offer will be made, nor as to the terms on which any offer will be made. A further announcement will be made as appropriate," it said.

Last week, LSE and Deutsche Boerse confirmed they were in discussions about a potential merger.

Under the terms of the potential deal, LSE shareholders would receive 0.4421 new shares in exchange for each LSE share and Deutsche Boerse holders would get one new share in exchange for each DB share.

This would mean Deutsche Boerse shareholders would hold 54.4% while LSE shareholders would have a 45.6% stake in the combined group

[broadwood] 01/3/2016 08:54

ICE says considering offer for London Stock Exchange Group

[broadwood] 01/3/2016 07:24

Its hotting up.

New York Stock Exchange owner Intercontinental Exchange could counter bid for London Stock Exchange, which is in talks over a potential merger with Deutsche Boerse. The move could break the ongoing talks – between LSE and Deutsche Boerse – which are aimed at creating a European global markets infrastructure group.

Georgia-based Intercontinental Exchange (ICE) has appointed financial advisory firm Morgan Stanley to prepare a possible higher offer for LSE, according to reports. While ICE is aware that such a counter bid will result in a negative reaction from both political and corporate groups, it is confident of winning over LSE shareholders with a higher price, sources told Bloomberg.




Last week, both Deutsche Boerse and LSE announced that they were planning to merge. The combined company which would be worth at least £20bn (€25.63bn, $27.88bn) would allow them to better compete with some of the world's largest derivatives players such as ICE and CME Group.

The proposed German-British merger would allow customers to access Turquoise, a pan-European stock venue apart from giving them a one-stop shop for primary markets in London, Frankfurt and Milan. The amalgamation would bring indexes such as the Euro Stoxx 50 Index, the most valuable in Europe, and the FTSE Russell's portfolio of indexes in the same basket.

ICE, led by chief executive Jeff Sprecher, has grown to become a global powerhouse partly because of its inorganic growth. In 2013, it purchased NYSE Euronext and gained a derivatives business called Liffe and in October 2015, it acquired Interactive Data Holdings for $5.2bn to expand its data-services business.

Apart from ICE, it is understood that the CME Group, an American futures company and one of the largest options and futures exchanges is also considering bidding for LSE. People familiar with the matter said, that while CME too has appointed advisors to assess on a counter bid, it is too early to tell if they would go ahead with a bid offer, according to Bloomberg

[broadwood] 26/2/2016 14:41

Could attract other bidders.

[broadwood] 26/2/2016 09:50

This will likely improve the chances of the deal going through.

London Stock Exchange Group chief executive Xavier Rolet to step down following Deutsche Boerse proposed merger completion

[broadwood] 23/2/2016 13:50

Hare's the story.

[broadwood] 23/2/2016 13:37

To merge with Deutsche bourse.?

Nice uplift so far.

Is it a rumour or a fact? Will soon be revealed.

[broadwood] 23/2/2016 13:29

WOW!!

What's just happened here.

[broadwood] 17/12/2015 08:46

Confident statement. Leaving old highs behind.

Very neglected share,

[broadwood] 16/12/2015 11:35

Testing new highs soon?

[broadwood] 22/10/2015 07:39

Happy enough with that statement.