May 13 - The London Stock Exchange is in talks to buy Russell Investments for a reported $3 billion. Pushing deeper into data makes sense, but the LSE must face down rival bidders and sceptical shareholders.
The third in London Stock Exchange making a play for Russell investments does it make sense. Will the shareholders like yet. His Telesis Robert -- from breaking news I'm. Your headline. From says this this tilt this -- Russell -- -- shall. I am. We've we racial taunting tells its two and it's a bit of Benito on this one but I'm. I think in -- to -- accents. From. And NC you know who will not as exciting platform right -- and I think you know -- -- and it is that FTSE series of -- -- business -- yesterday I'm Russell has TVs in the states one of which is very -- into -- into stock indices may not be the world's most famous one and -- Arafat -- brought a pace that it -- it's good sentence from the outside -- We get any price or -- not at this stage but you know top line makes cents. But it's a long shot because they're the people optimists and the rockets looked over and I just couldn't. And so now I just -- name name name a few CDC capitals overlay warbler TP June. A reward offered or -- interest and and I see ya think is in the errors -- -- Arizona and and the CI or somebody like amnesty on much have an advantage because of it will cost synergies to to take out to the business still not sure of the details might be and it's he has got some of those as well. Bots. And it might be applicants -- in terms of the competition in -- sort of compared to the politics well it's not -- Russell also has an asset management business. And that if and -- he -- it would on the complicate the deal because. Difficult to see now and he would want to get into management I'd -- it would be. And it's a -- competing with its line this kind of thing but -- you know we -- we don't know enough about this that may be a very good justifiable reason was on Saturday wrote today that she is Actividentity. To want to get into -- -- I'm not discounted battle to get but it also two of build up into -- overrule you that it's a long shot. And the and the other part of it is to note. They shed as you can well off up and it that you look you look at -- down 2%. And it is expressly said but he city. That they would raise new capital that's right it's a different way to go off on day -- for an for an end to what we've certainly learned from the surprise well. The -- down but not bound by -- in the you know normally. You -- -- -- dilution risk. So might the shipments -- tennis. That the that the market is enthusiasts about this deal it might also be suggested that if -- -- pummel -- so that it needs to worry about. Very good and what's his face that Robert Coleman thanks I've your warts are US show. Under -- you show comes on every day 12:30 eastern seventeenth that he. BST. I'm axle problems is what.