(Reuters) - LONDON, June 25 - London Stock Exchange
shares fell on Monday, following its weekend announcement that
it had agreed to buy Borsa Italiana for $2.2 billion to boost
its position as Europe's biggest stock market.
The all-share deal will dilute the stakes of existing LSE
shareholders and will also make a takeover of the
combined group more difficult, traders said, explaining the
slide in LSE shares.
Read more at Reuters.com Mergers News
shares fell on Monday, following its weekend announcement that
it had agreed to buy Borsa Italiana for $2.2 billion to boost
its position as Europe's biggest stock market.
The all-share deal will dilute the stakes of existing LSE
shareholders and will also make a takeover of the
combined group more difficult, traders said, explaining the
slide in LSE shares.
Read more at Reuters.com Mergers News
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