OM Gruppen, the owner of Stockholm Stock Exchange, has failed in its hostile takeover bid for the London Stock Exchange.
OM received support from just 6.7% of the shareholder capital - far short of the 50.1% it needed to succeed.
OM bid for London Stock Exchange fails
OM Gruppen, the owner of Stockholm Stock Exchange, has failed in its hostile takeover bid for the London Stock Exchange.
OM received support from just 6.7% of the shareholder capital - far short of the 50.1% it needed to succeed.