TITLE

Competition issues form the battleground in fight for LSE

AUTHOR(S)
Power, Helen
PUB. DATE
January 2005
SOURCE
Lawyer;1/17/2005, Vol. 19 Issue 2, p8
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the London Stock Exchange (LSE), represented by Freshfields Bruckhaus Deringer, is holding twintrack talks with Germany's Deutsche Börse AG and Franco-Dutch exchange Euronext NV to sell the exchange, having turned down an initial offer from Deutsche Börse in December 2004. One of the key battlegrounds for Deutsche Börse, represented by Ashurst, and Euronext, advised by Slaughter and May and Cleary Gottlieb Steen & Hamilton, is competition. The rival bidders have different competition issues. Deutsche Börse has made the vertical integration of its exchange and clearing and settlement business a strategic priority. Euronext already owns one London exchange, the London International Financial Futures and Options Exchange, but has kept clearing and settlement more separate.
ACCESSION #
15824656

 

Related Articles

  • Cleary, Slaughters act on Diageo's Mey Icki purchase. Hollander, Gavriel // Lawyer;2/28/2011, Vol. 25 Issue 9, p10 

    The article reports on the advisory roles of Cleary Gottlieb Steen & Hamilton LLP and Slaughter and May on the 1.3 billion pounds acquisition of Mey Icki by Diageo in 2011.

  • Who will take the corporate crown at The Lawyer Awards 2014? Stanton, Natalie // Lawyer (Online Edition);6/23/2014, p1 

    The article offers information on the shortlisted law companies for upcoming prestigious Corporate Team of the Year award of the Lawyer Awards 2014. These law firms include Slaughter and May, Macfarlanes and Cleary Gottlieb Steen and Hamilton. It also discusses the roles of law firms, Skadden...

  • Slaughters and Cleary advise as GSK sells off half its stake sale in Aspen.  // Lawyer (Online Edition);3/16/2015, p1 

    The article reports on the decision of pharmaceutical and healthcare company GlaxoSmithKline to sell half of its stake in pharmaceutical firm Aspen. It states that the company hired law firms Cleary Gottlieb and Slaughter and May as its advisers for the stake's sale. It adds that the sale of the...

  • Is All Quiet on the LSE Front or Not? Forman, Michael // Securities Industry News;4/29/2002, Vol. 14 Issue 17, p4 

    Reports the alleged alliance of London Stock Exchange (LSE) with Deutsche Borse, Euronext and Nasdaq in England. Reaction of LSE to the allegations; Failure of proposed merger of LSE with the Deutsche Borse; Unwillingness of LSE to speak on its future.

  • Cleary, W&C lead Nigeria's sovereign bond issuance.  // Fund Strategy (Online Edition);2/7/2011, p10 

    The article reports on the issuance of the international sovereign bond of Nigeria. It mentions that U.S.-based firms Cleary Gottlieb Steen and Hamilton LLP, and White and Case LLP is leading the $500-million 10-year bond, which debuted in the London Stock Exchange. It states that the bond has...

  • Clearly Gottlieb handed role on Russia's Polymetal LSE debut. Binham, Caroline // Lawyer;1/22/2007, Vol. 21 Issue 3, p14 

    The article reports on the plan of Polymetal Russia to be listed in the London Stock Exchange (LSE). According to the author, Polymetal seeks the assistance of Cleary Gottlieb Steen & Hamilton and Meagher &Flom for the negotiations of their initial public offerings (IPO). He adds that the...

  • Cleary and Slaughters advise as Santander Asset Management merges with Pioneer. Moloney, Rachel // Lawyer (Online Edition);4/29/2015, p13 

    The article reports that the law firms Cleary Gottlieb Steen & Hamilton and Slaughter & May have taken the lead roles on Santander Asset Management's multi-billion euro merger with Pioneer Investments. It is informed that Cleary Gottlieb partners Simon Jay and Gabriele Antonazzo are acting for...

  • Cleary and Slaughters advise GSK on £574m stake sale in South African drug-maker Aspen. Bernal, Natasha // Lawyer (Online Edition);3/16/2015, p3 

    The article reports that law firms Slaughter and May and Cleary Gottlieb Steen & Hamilton have been appointed as advisers for the sale of half of the stake of pharmaceutical company GlaxoSmithKline in drug manufacturer Aspen. It states that the proceed from the sale of the 6.2 per cent stake of...

  • DEALS ROUNDUP.  // Lawyer;2/11/2008, Vol. 22 Issue 6, p12 

    The article reports on business deals involving law firms. Slaughter and May is acting for client Punch Taverns PLC in a takeover bid for Mitchell & Butlers. Two firms advise on the $2.93 billion initial public offering (IPO) of Reliance Power Ltd. These are Amarchand & Mangaldas & Suresh A....

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics