The London Stock Exchange is assessing its strategic options, just two weeks before Nasdaq can make a fresh bid. Chief executive Clara Furse is spearheading the push to ensure that all avenues are explored, including a potential tie-up with OMX or whether it would be feasible to work with a 'white knight' private equity bidder.
The assessments come ahead of October 3, when Nasdaq, which has built a 25.3% stake in the LSE, is able to bid again for the exchange.
The series of options covers a wide range of possibilities, from a merger with OMX, the Scandinavian exchange which has just bought the Icelandic stock exchange, to the potential of remaining independent through the use of a private equity buy-out.
The LSE is also looking at whether there would be any benefit to trying to gatecrash the proposed merger between the New York Stock Exchange and Euronext.
© Daily Telegraph
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