News in Brief

Daily MailFebruary 27, 2005

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Summary


Exchange hit by Borse bid unrest

LONDON Stock Exchange shares fell 20p to 535p on speculation that Deutsche Brse may be forced to drop its bid because of disquiet among its own shareholders such as Fidelity, TCI and Atticus. Another Deutsche investor, Standard Life, said the 'deal does not destroy shareholder value' at DB's initial offer price of 530p, but it would need 'further convincing evidence' to back any higher bid.

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News in Brief

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