not vested. What's going on ?
Singapore bourse says not in merger talks with LSE
SINGAPORE, July 20 (Reuters) - The Singapore Exchange said on Friday it was not discussing a possible merger with London Stock Exchange , contrary to a report in a British newspaper.
"SGX has not engaged in talks with the LSE on a potential merger," the Singapore bourse operator said in a statement.
"However, we are open to collaborations and partnerships which may benefit our shareholders and the company."
Britain's Daily Telegraph had reported the two bourses, which have worked closely together on a number of projects, were discussing a potential 7.2 billion pound ($11.3 billion) merger amid a flurry of tie-ups between global stock exchanges.
Source: Reuters
