Macquarie given LSE bid ultimatum

The UK Takeover Panel today set the Macquarie Group a deadline of December 15 to make a firm bid for the London Stock Exchange or walk away for six months.

The ultimatum to the Australian bank came more than three months after Macquarie first confirmed it was considering bidding for the LSE.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump