Atlanta-based ICE has until the end of the month to make an offer for LSE
The chief executive of the London Stock
Exchange has spoken out against a possible merger between the
British exchange and its US rival the Intercontinental
Exchange, arguing it would not be good for Europe.
The LSE and Deutsche Boerse announced last
month their plans to merge, prompting speculation ICE may mount
a counterbid and appeal directly to LSE shareholders.
In comments seemingly directed to
Atlanta-based exchange giant the Intercontinental Exchange,
Xavier Rolet, CEO of the LSE, told Britain's Daily Telegraph:
"I don’t want just anyone, particularly not some
'slash and burn’ type organisation, to come in and
kill all of the stuff we’ve done over the last few
years," said Rolet.
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