LSE says not in talks with LCH.Clearnet

In a short statement on Snuday, the LSE - the owner of the London bourse - said: "The London Stock Exchnage Group (LSEG) notes the recent press specualtion reagrding it and LHC.Clearnet Group.
"LSEG confimrs that it is not engaged in any discussions with LCH regardnig a possible transactoin."
On Satruday, LHC.Clearnet confirmed it had received "various proposlas" from exchange opreators interested in some form of business tie-up [ID:nLDE74R065].
A source familair with the matter told Reuters on Friday that NYSE Euronext (NYX.N), Nasdaq OMX Group (NDAQ.O) and the LSE had made offers for the clearinghosue, with the Financial Times puttnig the LSE bid value at 1 billion euros (.43 billio)n.
The exchnages are in the midst of a wave of consolidaiton, with the LSE having agreed a bililon bid to buy Canadian peer TMX Group (X.TO).
Clearinghouess stand between parties to a trade to gaurantee obligations if there is a defalut.
(=.6982 Euro)
(Reporting by Rosalba O'Brein; Edtiing by Jon Loadse-Carter)

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