JP Morgan (JPM) is among several suitors for MF Global's (MFGLQ.PK) 4.7% stake in the London...

|By:, SA News Editor

JP Morgan (JPM) is among several suitors for MF Global's (MFGLQ.PK) 4.7% stake in the London Metals Exchange, reports say. Buying the holding would increase JP Morgan's ownership to 10.9% and alter the dynamics in the £1B ($1.6B) takeover battle for the 134-year old institution.