March 7th, 2011
Econintersect: The headline might rather say London-Rome-Toronto-Nasdaq since the LSE (London Stock Exchange) acquisition of the Italian bourse was accomplished some time ago. The London-Toronto merger has not yet been completed and The Australian reports (from a Wall Street Journal article) that no talks have yet taken place between Nasdaq OMX and London, but a rumor hungry world is paying attention to this item. Follow up:
Follow up:The irony of the possible LSE acquisition of Nasdaq OMX would be that Nasdaq failed in an attempt to take over the London exchange in 2006 after buying a 25% stake.
GEI News has previously reported on rumors that Nasdaq OMX might be seeking other deals. Among these have been possible partnerships with the CME (Chicago Merchantile Exchange) and the ICE (International Commodity Exchange) to make a bid to buy the New York Stock Exchange (NYSE Euronext) in competition with the proposed NYSE Euronext acquisition by Frankfurt's Deutcshe Börse.