Equity markets
Euronext, Deutsche Boerse bid for LSE
Euronext NV, the owner of Paris and Amsterdam exchanges, approached London Stock Exchange with
a takeover offer after the three-century-old UK market rejected a 2.6 billion dollar bid by Deutsche Boerse last week. LSE, which lists shares of some of Europe?s biggest corporations, said it will hold talks with both suitors.
Both Euronext and DB are seeking to buy LSE to gain scale in an attempt to counter the impact of lower trading fees.
Currency market
Zloty hits new high against US dollar
Polish zloty continues to gain against the common currency and...