Takeover sets scene for global exchange link-up

2004 – 2005 Deutsche Boerse offers 530p a share for LSE, valuing it at £1.3bn, but is rejected.

2005 – Australia’s Macquarie makes a formal cash offer at 580p a share, valuing the LSE at £1.5bn, which shareholders reject as too low.

2006 – LSE rejects a 1,243p per share cash offer from Nasdaq, which then launches a hostile bid in December.

2007 – Shareholders reject Nasdaq’s bid.

2007 – LSE completes the purchase of Milan-based exchange operator Borsa Italiana SpA in a $2.15bn deal.

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