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Last Updated: Friday, 19 May 2006, 15:08 GMT 16:08 UK
Nasdaq's LSE stake grows to 25.1%
Nasdaq
Nasdaq's steady buying spree has raised questions about its motives
US stock market operator Nasdaq has increased its holding in the London Stock Exchange (LSE) to 25.1%.

Nasdaq has been steadily boosting the size of its stake in the LSE, sparking speculation that it is about to launch a new takeover bid.

In March, Nasdaq withdrew a proposed 2.43bn ($4.2bn) bid for the LSE after the exchange rejected its approach.

Nasdaq said it bought another 2.22 million LSE shares on Friday at an average price of 1,235.5 pence each.




SEE ALSO:
Nasdaq holding in LSE nears 25%
10 May 06 |  Business
Nasdaq move pushes LSE shares up
04 May 06 |  Business
Euronext in Deutsche merger talks
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Nasdaq snaps up 15% stake in LSE
11 Apr 06 |  Business
Nasdaq withdraws LSE takeover bid
30 Mar 06 |  Business
Q&A: What's next for the LSE?
13 Mar 06 |  Business


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