LSE sure of Proquote's worth

Expansion is on the table

The London Stock Exchange (LSE) wants to broaden the range of assets and markets covered by Proquote, the information business it bought last year with a controversial £22m (€32m) price tag.

The success – or otherwise – of extending Proquote's coverage, which provides brokers with news and information on UK stocks, will be closely watched by LSE shareholders, some of whom censured the exchange for overpaying for a lossmaking business.

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