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London Stock Exchange profits jump boosts FTSE 100 index

04/03/2016

Top flight shares looked like ending the week on the up, as takeover target the London Stock Exchange (LSE) saw its full-year profits surge. The British bourse said adjusted pre-tax profits climbed 31% to £643.4 million, up from £491.7 million in 2014, adding that its £20 billion merger talks with Germany’s Deutsche Borse were making “excellent progress”.

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