Intercontinental Exchange Mulls Counterbid for London Stock Exchange

NYSE owner confirms possibility of bid to hijack LSE-Deutsche Börse merger, yet to make formal contact with LSE.

The entrance to the London Stock Exchange
London Stock Exchange could soon be the centre of a bidding war between Intercontinental Exchange and Deutsche Börse.

A statement from ICE confirmed that it is considering an offer for LSE but said "there can be no certainty that an offer will be made" and that no contact had been made with the LSE board over a bid. ICE will issue a further statement of its intent before the March 29 deadline.

ICE most recently acquired market and reference provider Interactive Data in a $5.2 billion deal and the Trayport energy and commodities trading platform for $650 million.

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