Analyst: Mifid May Chill LSE Bids

FRONT PAGE: NEWS ANALYSIS

LONDON—While the European Market in Financial Instruments Directive (Mifid) is likely to have an impact on European firms, Mifid may also have a part to play in the ongoing efforts by Euronext and Deutsche Börse to acquire the London Stock Exchange (LSE), says an industry analyst.

Mifid could impact the value of the LSE and subsequent bids, according to Axel Pierron, analyst at market researcher Celent. Mifid is a set of regulations and directives, which are likely to lead to an overhaul of

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