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Markit In Talks To Buy LCH.Clearnet

Markit is in exclusive talks to acquire LCH.Clearnet.

Markit is in exclusive talks to acquire LCH.Clearnet, Financial News reports. In late June, Nasdaq OMX tendered an offer to buy a minority stake in the Anglo-French clearing house.

In May, LCH.Clearnet, which is owned by 98 firms including banks and exchanges, received interests related to a “possible business combination or other co-operation.” Since its launch in 2001, Markit has been on an acquisition spree.

Click here for the story from Financial News.

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