LONDON (AFX) - The London Stock Exchange PLC is considering a takeover bid for Swedish counterpart OMX Gruppen, the Financial Mail on Sunday reported, without citing sources.
The takeover of the 1.3 bln stg OMX would propel the LSE into the FTSE 100 index, it said.
Only five years ago, the Swedes launched their own bid for LSE. The bid, however, failed due to lack of shareholder support. monicca.egoy@afxnews.com mbe/hjp COPYRIGHT Copyright AFX News Limited 2005. All rights reserved. The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News. AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited