Singapore bourse says not in merger talks with LSE

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 ($14.2 billion) merger
amid a flurry of tie-ups between global stock exchanges.