NYSE Owner ICE May Gatecrash Deutsche Boerse-LSE Merger

03/01/2016 Economy

(reuters.com) New York Stock Exchange owner ICE (ICE.N) said it may make a rival bid for London Stock Exchange (LSE.L), raising the prospect of a takeover battle with Deutsche Boerse (DB1Gn.DE) and lifting LSE shares to a record high on Tuesday.

Atlanta-based Intercontinental Exchange Inc said it had not yet approached LSE and may not pursue a deal at all, but news of its interest pushed up share prices of exchanges across Europe on expectations of further consolidation. More