Deutsche Börse quits LSE takeover
{{date|March 7, 2005}}
The owner of the Frankfurt Stock Exchange, [[w:Deutsche Börse|Deutsche Börse]] has said it is quitting the takeover of the owner of the [[w:London Stock Exchange|London Stock Exchange]], LSE. Its planned [[w:Pound Sterling|GBP]] 1,3 billion ([[w:EUR|EUR]] 2 billion) takeover (530p per share) was stopped by opposition for various shareholders from both parties. Its announcement is a setback for the chief executive [[w:Werner Seifert|Werner Seifert]]. 

This just leaves the [[w:Euronext|Euronext NV]] as the sole bidder of the LSE. It owns the stock exchanges in Paris, Amsterdam, Brussels, Lisbon and the tiny London-based exchange [[w: London International Financial Futures and Options Exchange|Liffe]].

== Sources ==

*{{source|url=http://news.bbc.co.uk/1/hi/business/4324321.stm |title=D Boerse ditches LSE bid plans |author= |pub=BBC News |date=March 7, 2005}}
*{{source|url=http://www.guardian.co.uk/business/story/0,3604,1432069,00.html |title=Deutsche Börse abandons £1.3bn LSE bid  |author=Jill Treanor  |pub=The Guardian |date=March 7, 2005}}
*{{source|url=http://www.dw-world.de/dw/article/0,,1510562,00.html?maca=en-tagesschau_englisch-335-rdf-mp |title=Deutsche Börse Withdraws Offer for LSE  |author= |pub=Deutsche Welle |date=March 7, 2005}}

*{{source|url=http://deutsche-boerse.com/dbag/dispatch/en/listcontent/gdb_navigation/home/Content_Files/10_homepage/News/13_press/db_London_060605.htm |title=

Deutsche Börse Withdraws Proposed Pre-conditional Cash Offer for the London Stock Exchange |author= |pub=Deutsche Börse |date=March 6, 2005}}

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[[Category:United Kingdom]]
[[Category:Germany]]
[[Category:Economy and business]]
[[Category:Published]]
[[Category:Europe]]
[[Category:Frankfurt am Main]]
[[Category:London]]
The owner of the Frankfurt Stock Exchange, Deutsche Börse has said it is quitting the takeover of the owner of the London Stock Exchange, LSE. Its planned GBP 1,3 billion (EUR 2 billion) takeover (530p per share) was stopped by opposition for various shareholders from both parties. Its announcement is a setback for the chief executive Werner Seifert. 

This just leaves the Euronext NV as the sole bidder of the LSE. It owns the stock exchanges in Paris, Amsterdam, Brussels, Lisbon and the tiny London-based exchange Liffe.

*
United Kingdom Germany Economy and business Published Europe Frankfurt am Main London