Nasdaq OMX still eyes a stake in LCH, may use share buybacks

09/14/2011 | Reuters

Robert Greifeld, CEO at Nasdaq OMX, said he remains interested in acquiring a stake in LCH.Clearnet. Greifeld also said the exchange operator likely will hit its goal of a 2.5-times leverage ratio sooner than anticipated. "Based upon the current depressed share price, the share buyback certainly would look compelling to us, the board, and to probably many of you here," Greifeld said at an industry conference.

View Full Article in:


Published in Brief: