Footsie at Centre of Takeover Drama

Summary


The London Stock Exchange, the centre of a protracted takeover saga, said yesterday it had made a strong start to the year as the number of firms listing on its markets swelled in the first quarter.

The exchange said revenue for the three months ended on June 30 rose 13 per cent to pounds 67.7 million. Revenue at its issuer services division surged 40 per cent, it added, with 82 new issues in June - its highest monthly number for more than eight years.

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Footsie at Centre of Takeover Drama

The London market's biggest flotation in five years, PartyGaming, and the listing of several high profile overseas companie...

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