Tuesday, August 16, 2005
OMX & LSE
15/08/2005 LSE: OMX declines to comment on weekend reports of renewed interest
Story: OMX AB, the Scandinavian stock exchange, is interested in expanding outside the Nordic region, AFX reported. Also, the hostile bid it launched for London Stock Exchange PLC in 2000 was "premature", said a spokeswoman for the Nordic exchange operator. However, she declined to comment directly on a Sunday Times report that OMX may be preparing a new offer for LSE. "We are looking beyond the Nordics, but that doesn't tell you anything in terms of this (report)... and we don't comment on rumours," she said. The LSE's owners had been very positive towards OMX in 2000, though the idea of selling such an establishment jewel such as the LSE was "premature" then, she added. "But ... a lot of things have happened since. (The LSE has) gone public and a lot of (its former) owners are no longer (there)."
Source: AFX
Value: £1,405m (LSE current market cap)
Story: OMX AB, the Scandinavian stock exchange, is interested in expanding outside the Nordic region, AFX reported. Also, the hostile bid it launched for London Stock Exchange PLC in 2000 was "premature", said a spokeswoman for the Nordic exchange operator. However, she declined to comment directly on a Sunday Times report that OMX may be preparing a new offer for LSE. "We are looking beyond the Nordics, but that doesn't tell you anything in terms of this (report)... and we don't comment on rumours," she said. The LSE's owners had been very positive towards OMX in 2000, though the idea of selling such an establishment jewel such as the LSE was "premature" then, she added. "But ... a lot of things have happened since. (The LSE has) gone public and a lot of (its former) owners are no longer (there)."
Source: AFX
Value: £1,405m (LSE current market cap)
