SGX

SGX: Newswires report that LSE is in talks with SGX about a potential GBP7.2b merger. Talks are still preliminary and a formal offer is still some time away. Mkt rumours have suggested a takeover in the region of GBP13.50 per LSE grp share .LSE has a current mkt cap of approx $5.5b and SGX at $7.1b SGX recently signed a MOU with LSE on cross-trading just last week.