LONDON: Rivals Deutsche Boerse and Euronext have taken off the gloves in their fight for the London Stock Exchange (LSE) after the LSE rejected Deutsche Boerse's approach for a second time.
Revealing details of its offer, Deutsche Boerse said an LSE merger would add to earnings from the start and pledged clearing fee and other cost cuts for users. It said it aimed to pay no less than its already rejected 530p per share for the LSE.
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