Buyout offer casts further doubt on deal to form iX

Article Abstract:

OM Gruppen AB's attempt to acquire the London Stock Exchange has raised additional doubts about the planned merger between the London and Frankfurt exchanges. Gruppen is bidding 802 million pounds (1.31 billion euros) to acquire the exchange.

OM Gruppen

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OM Gruppen criticizes LSE culture as it formally launches takover bid

Article Abstract:

OM Gruppen AB stated that the London Stock Exchange lacks a "commercial and market-oriented culture." The operator of the Stockholm bourse formally launched a GBP820 million (Euro1.34 billion) offer for the London exchange.

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OM offer isn't likely to get sweeter

Article Abstract:

OM Gruppen AB is not expected to increase its bid to acquire the London Stock Exchange. OM is offering to buy the exchange for either 1.4 million shares for 32.57 pounds per share or 20 pounds per share with an additional 0.5 OM shares included.

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