Germans Are Urged to Go Hostile

Daily Mail (January 26, 2005)

Author: James Quinn

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Summary


DEUTSCHE Borse is under increasing pressure to make a hostile bid for the London Stock Exchange after a leading investor urged it to go on the offensive.

US investment bank State Street believes that Deutsche Borse boss Werner Siefert should bid sooner rather than later and that he should not wait for LSE boss Clara Furse to recommend Deutsche.

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Extract


Germans Are Urged to Go Hostile

The US bank, which owns slightly more than 2pc of the LSE and 1.6pc of Deutsch...

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