The London Stock Exchange (LDNXF.PK) slashes its offer for LCH Clearnet by a quarter to $482M as...

|About: London Stock Exchange Ltd. (LDNXF)|By:, SA News Editor

The London Stock Exchange (LDNXF.PK) slashes its offer for LCH Clearnet by a quarter to $482M as new capital requirements make the clearing house - owned by the world's major banks, the LME, and NYSE Euronext -  a lot less valuable. The deal - then valued at $613M - was first announced back in March.