OM Gruppen will hold to LSE bid

Swedish bourse operator OM Gruppen said yesterday it had decided not to change its hostile bid for the London Stock Exchange (…

Swedish bourse operator OM Gruppen said yesterday it had decided not to change its hostile bid for the London Stock Exchange (LSE) on the last day it could have done so under the British Takeover Code.

Sources close to OM said it would now "pick up the speed" of one-to-one meetings with LSE shareholders.

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