Tricolour Hovers Over Lse

Daily MailMarch 08, 2005

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Summary


DEUTSCHE Brse and its advisers Goldman Sachs have walked away from their bid for the London Stock Exchange with egg on their faces.

DB's colourful chief executive Werner Seifert now has two failed bid-merger attempts to his name.

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Extract


Tricolour Hovers Over Lse

In the unforgiving world of Anglo-Saxon capitalism that almost certainly signals a change of management.

The withdrawal of the German bid leaves its main rival Euronext in the driving seat. In many ways it is a muc...

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