The London Stock Exchange said on Monday it remained committed to an agreed tie up with Canada's TMX Group after a group of Canadian banks and pension funds made a preliminary, $3.7 billion counter offer.
The London Stock Exchange will find itself in a tight spot trying to fend off a rival bid for Canada's TMX Group, a deal it badly needs to rejuvenate its centuries-year old business.
Canada's largest stock exchange operator TMX Group said on Saturday it had received a takeover offer from a group of Canadian banks and pension funds that rivals a $3 billion London Stock Exchange bid.
The London Stock Exchange and Canada's TMX Group reported forecast-beating results on Friday as they applied for regulatory approval of their $3 billion deal to join forces.
The London Stock Exchange and Canada's TMX Group posted strong financial results on Friday as they filed their $3 billion merger deal with the Canadian authorities.
The London Stock Exchange and Canada's TMX Group reported forecast-beating results on Friday as they applied for regulatory approval of their $3 billion deal to join forces.
The London Stock Exchange and Canada's TMX Group reported forecast-beating results on Friday as they filed their $3 billion merger deal with Canadian authorities.
TMX Group, the operator of the Toronto Stock Exchange, delivered forecast-beating quarterly results on Friday as it prepares for regulatory reviews of its $3 billion plan to join forces with the London Stock Exchange.
BATS Global Markets Inc, the third-largest U.S. exchange operator after NYSE Euronext and NASDAQ OMX Group , filed with U.S. regulators for an initial public offering.
Jefferies & Co. reiterated its hold rating on shares of CSR Plc (London: CSR) with a price target of 360 pence per share, ahead of the company's first quarter results on April 10.
Glencore’s planned IPO prices the company at $55 billion. This incredibly high valuation is probably shocking to the many people who have never heard of Glencore before. But $55 billion, as large a figure as that is, doesn’t even begin to describe just how powerful it is.
XenoPort (NASDAQ: XNPT) and GlaxoSmithKline Plc (LON: GSK) said the U.S. Food and Drug Administration (FDA) has approved Horizant, a treatment for restless legs syndrome (RLS) that the companies developed together.
British pharmaceutical giant AstraZeneca Plc said the U.S. Food and Drug Administration (FDA) cleared its orphan drug vandetanib to treat advanced cases of a thyroid cancer.
Kofax Plc said completion of the sale of its non-core hardware business has been delayed by around two months. Jefferies & Co. said the delayed hardware business sale does not impact its investment case.
The London Stock Exchange is eyeing a takeover of its rival Nasdaq just weeks after announcing a merger with the Toronto stock exchange, the Sunday Times reported.
Swiss commodities trader Glencore has opened up talks with sovereign wealth funds in China and Qatar to bring in a cornerstone investor ahead of its planned listing on the London Stock Exchange, The Sunday Times reported.
The London Stock Exchange (LSE), which is seeking to acquire The Toronto Stock Exchange, suffered a four-hour halt in trading today due to some technical glitch.
The London Stock Exchange's top trading rivals failed to capitalize on the UK exchange's four-hour crash Friday as trading slowed across the market after the LSE's second trading glitch in a week.
Nasdaq OMX Group Inc could launch a rival bid for NYSE Euronext to avoid being left on the sidelines, a source said, as traditional exchanges race to merge to see off upstart electronic rivals.
Russia’s leading search engine Yandex is set to raise $1 billion through an initial public offering on the NASDAQ stock exchange.
The London Stock Exchange failed to stop trading Tuesday as scheduled -- one day after completing a major system upgrade -- causing confusion among its clients, who blamed a technical problem. The LSE, which ends normal trading at 1630 GMT before starting its closing auction, conceded on its website that normal trading did not cease until 42 seconds after the official close at 1630.
Global stock exchanges have apparently entered into a new round of consolidation that promises to radically alter trading activities for millions of investors.
