Three exchange firms considering bids for Euronext - WSJ

Reuters

Nov 18 (Reuters) - London Stock Exchange Group,Nasdaq OMX Group Inc and Deutsche Börse AG areconsidering individual bids for European exchange groupEuronext, the Wall Street Journal reported, citing peoplefamiliar with the discussions.

The three stock exchange companies have each discussed withadvisers the possibility of making offers for Euronext, althoughnone has hired bankers to launch a formal bid. The Europeanexchange group is set to be spun off after it was acquired lastweek by IntercontinentalExchange Group Inc, thenewspaper reported.

ICE, the Atlanta-based commodities and derivatives tradinggiant, committed to separating Euronext after the deal in partto satisfy European policy makers' and regulators' concernsabout the standing of European markets in the bigger U.S.-basedcompany, the report said. ()

None of the companies could be reached for comments byReuters outside of regular business hours.

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