TITLE

Slaughter and May under fire for conflict on LSE bid

AUTHOR(S)
Power, Helen
PUB. DATE
January 2005
SOURCE
Lawyer;1/24/2005, Vol. 19 Issue 3, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports that Deutsche Börse AG appealed to the Takeover Panel for a ruling that Euronext NV, its rival bidder for the London Stock Exchange, is acting in concert or collaborating with Euroclear. It is understood that the Takeover Panel turned down the informal appeal because neither Euronext nor Euroclear have made recent trades in Deutsche shares. However, Deutsche could still go back should the situation change. Euronext and Euroclear, which handles share settlement for Euronext, have some financial links.
ACCESSION #
15954091

 

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