We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

No retreat

12 July 2007 By Nicole Lee

The US exchange was able to block a resolution allowing its London rival to issue 33% new shares. It s a vote of no confidence. But Nasdaq s 30% stake isn t big enough alone to influence LSE’s Borsa deal. The planned Italian exchange takeover only needs 50% approval.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)