It follows media speculation over the weekend that Euronext, which already owns the Liffe exchange in London, was lining up a bid for the LSE.
The company will be competing against the Deutsche Boerse, which last week bid £1.3bn for the LSE. The bid was rejected for being too small.
A bidding war is now likely to follow for Europe’s biggest stock market, which lists shares with a market capitalisation of some £1.4trillion.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements