CME Group Mulling Possible Bid for London Stock Exchange - Source
01 March 2016 - 10:30PM
Dow Jones News
Eyk Henning
CME Group Inc., the operator of the Chicago Mercantile Exchange,
is mulling a takeover bid for London Stock Exchange Group PLC ,
according to a person familiar with the matter.
The interest comes as LSE is in advanced talks about a merger
with Deutsche Börse AG. Intercontinental Exchange Inc, the operator
of the New York Stock Exchange, has also said it is mulling a
potential bid for the LSE.
While the CME has not yet decided whether to proceed with a bid,
it appears to have more financial firepower and less antitrust
issues than ICE, the person familiar said.
The LSE remains committed to a friendly deal with Deutsche Börse
but it would have to consider potential rival bids by ICE or CME,
the person added.
A spokeswoman for CME declined to comment.
Write to Eyk Henning at eyk.henning@wsj.com
(END) Dow Jones Newswires
March 01, 2016 06:15 ET (11:15 GMT)
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