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(From M2 Equity Bites)
M2 EQUITYBITES-March 9, 2012-London Stock Exchange to acquire 60% stake in clearing house LCH.Clearnet (C)1994-2012 M2 COMMUNICATIONS http://www.m2.com
Stock exchange operator London Stock Exchange Group plc (LSEG) (LSE:LSE) revealed today that it has agreed to acquire a majority stake in clearing house LCH.Clearnet Group Limited.
The consideration to be paid by LSEG will be a maximum of EUR463m (GBP386m), which the company said would be funded …