Following on an earlier announcement yesterday that it had increased its stake in the London Stock Exchange (LSE) to 22.7%, the Nasdaq Stock Market (NASDAQ) announced that it had increased its holding still further by acquiring another 3,500,000 shares at a price of 1,248 pence per share. The consideration represents approximately GBP 43.7 million (c. US$ 81.4 million).In addition to the 58,181,720 shares previously purchased, this acquisition takes NASDAQs holding in LSE to 61,681,720 shares or c. 24.1% of the issued share capital of LSE.
NASDAQ Stake In London Stock Exchange Rises To 24.1%
Following on an earlier announcement yesterday that it had increased its stake in the London Stock Exchange (LSE) to 22.7%, the Nasdaq Stock Market (NASDAQ) announced that it had increased its holding still further by acquiring another 3,500,000 shares at
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