BusinessCompany NewsStock exchange loses LIFFE

Stock exchange loses LIFFE

Euronext, the merged Paris, Amsterdam and Brussels securities markets, has beaten the London Stock Exchange in its bid for LIFFE, buying the futures and derivatives exchange for £555m.

The new exchange could become the biggest exchange operator in Europe, beating out the Deutsche Boerse and the LSE.

The Paris-based market?s victory is a serious setback for the LSE, which is now vulnerable to a takeover, according to analysts.

The offer will be unanimously recommended by the LIFFE board to shareholders.

Links

Analysis – Furse eyes future at Stock Exchange

Related Articles

BDO replaces Deloitte as Mitie auditor

Audit BDO replaces Deloitte as Mitie auditor

3m Emma Smith, Managing Editor
CVR Global appoints partner in London office

Company News CVR Global appoints partner in London office

7m Alia Shoaib, Reporter
FTSE100 failing to provide adequate ethics information

Company News FTSE100 failing to provide adequate ethics information

7m Alia Shoaib, Reporter
Moore Stephens recruits new private client partner

Accounting Firms Moore Stephens recruits new private client partner

10m Emma Smith, Managing Editor
Magma Group announces merger, partner promotions

Accounting Firms Magma Group announces merger, partner promotions

10m Emma Smith, Managing Editor
BDO on ‘recruitment spree’ with multiple partner appointments

Accounting Firms BDO on ‘recruitment spree’ with multiple partner appointments

10m Emma Smith, Managing Editor
Brand strength leads to fee income growth for RSM

Accounting Firms Brand strength leads to fee income growth for RSM

10m Emma Smith, Managing Editor
Mazars strengthens audit team with partner appointment

Accounting Firms Mazars strengthens audit team with partner appointment

10m Emma Smith, Managing Editor