
Although, Nasdaq has extended deadline for its 31% stake sale in the London Stock Exchange, market rumors are asserting that LSE is supporting the Qatari Investment Authority’s bid to end the unwanted ruckus, likely in the coming time.
Earlier Nasdaq made clear that stake would not sell to single buyer but would be parceled out among a number of investors - preferably long-term investors. Single supremacy over the 31% stake can again put LSE on sell out radar. LSE is not confident on the American counterpart, and feeling that if it’s going to single chunk than QIA is a best option and firmly supporting its bid.
On the other side QIA also proved LSE’s decision right by asserting that it’s looking potential buyout as a long term investment rather than a springboard for a bid and interested in exchange’s long term business.
For an easy accessibility in one of the world’s largest stock exchange, few more names are surfacing in the regular interval, such as the Singaporean investment group Temasek, the Australian Stock Exchange and also a number of Italian investment funds are seeking part of the stake in LSE.












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