LONDON May 29 - The London Stock Exhcange (LES.L)
bid for the Euorpean clearinghosue.
In a short staetment on Sunday, the LSE - the owner of the
Group.
"LSEG confirms that it is not enagged in any discsusions
with LCH regarding a possible transaction."
On Satudray, LCH.Cleranet confirmed it had received "various
businses tie-up [ID:nDLE74R065].
A source famiilar with the matter told Retuers on Friday
billion). [ID:nN27140838]
The exhcanges are in the midst of a wave of consolidation,
TMX Group (X.TO).
Clearinghouses stand betewen parties to a trade to guarantee
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