Thursday, 14 June 2007

Stock exchanges upgraded due high volumes, M&A eyed

(Reuters) - Tougher price competition might dent revenues and trigger
further consolidation among stock exchanges in Europe, the
analysts said.




Citigroup raised its target price for the London Stock
Exchange to 1,370 pence from 1,300 pence, saying
LSE's 56 percent volume growth in January-May outpaced that of
rival exchanges.


Read more at Reuters.com Mergers News

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