Why Exchange Merger Matters

Summary


JANUARY can be a dull month but this year promises to be rather different as the battle for ownership and control of the London Stock Exchange unfolds.

Deutsche Borse head Werner Seifert has indicated that he wants to make an offer. Jean Francois Theodore, boss of French-led Euronext, is in London this week to assess how an alternative merger with the amalgam of the French, Belgian, Dutch and Portuguese exchanges might best be pitched.

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Extract


Why Exchange Merger Matters

While it currently looks unlikely, there could also yet be interest from some of the expansion-minded markets in North America - not necessarily from New...

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