Euronext set to lose LCH-C in LSE bid
07 Nov 2005
The UK's Competition Commission has published a report acquiescing to a potential bid for London Stock Exchange (LSE) by Euronext on the basis of certain undertakings to limit anti-competitive behaviour.
The commission was concerned with ensuring the independence of LCH Clearnet (LCH-C) as LSE's clearing provider. Euronext currently has a 41.5% shareholding in LCH-C, which would in the case of...
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