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Two Middle East Stock Exchanges Acquire Nearly 50% of LSE
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09-20-2007, 01:04 PM
Post: #1
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Two Middle East Stock Exchanges Acquire Nearly 50% of LSE
Yesterday, the Dubai Bourse bought Nasdaq's 28% holding while the government of Qatar bought a 20% stake in the London Stock Exchange. Nasdaq recently made two failed bids to takeover the London exchange. Could this signal a bidding war is about to commence and what might be the implications of passing ownership of passing control of the UK's main stock market operator outside of the country?
Here's a link to the story at Reuter's: http://www.bloomberg.com/apps/news?pid=2...refer=home |
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12-17-2007, 07:26 AM
Post: #2
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RE: Two Middle East Stock Exchanges Acquire Nearly 50% of LSE
If a bidding war does commence, then hopefully the country with the most logical implications wins. The UK's main stock exchange should be in the best hands possible. If not, the economy of the world could change drastically.
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