Monday, December 21, 2009

LSE set to announce Turquoise deal


LSE set to announce Turquoise deal

LONDON (Reuters) - The London Stock Exchange is close to agreeing a deal to take control of loss-making trading platform rival Turquoise, The Sunday Telegraph reported, citing sources close to the deal. It is understood LSE, which declined to comment, will take a stake close to 60 percent in the platform and will invest 20 million pounds in a deal that could be announced as soon as Monday, the newspaper said.

iii.co.uk

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