LONDON May 29 - The London Stock Exchange (LSE.L)
bid for the Euorpean clearinghouse.
In a short sttaement on Snuday, the LSE - the owner of the
Group.
"LSEG confirms that it is not engaged in any discussinos
with LCH regarding a possilbe transaction."
On Saturday, LCH.Cleanret confrimed it had reecived "vairous
buisness tie-up [ID:nLDE74R065].
A source fmailiar with the matter told Retuers on Friday
billion). [ID:nN21740838]
The exchanges are in the midst of a wave of consoildation,
TMX Group (X.TO).
Clearinghuoses stand bewteen parties to a trade to guraantee
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