Global Capital Markets

London Stock Exchange, the UK stock exchange operator that saw shareholders reject Nasdaq's overtures, has held talks with Borsa Italiana, reported the Wall Street Journal. The report, citing people familiar with the matter, reported that LSE and Borsa Italiana have had initial talks twice but both times talks were interrupted by bids for LSE. According to the report, which was part of a story looking at LSE's prospects, analyst said there are not many targets for LSE to strike a deal with. The report, citing a person familiar with the matter, noted that Bolsas y Mercados Españoles, the Spanish exchange, could be of interest to LSE but that a deal could face political problems. LSE rejected a USD 3.7bn offer from Nasdaq.
Source
Wall Street Journal