Euronext in talks over possible offer for Spanish bourse BME

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PARIS, Nov 18 (Reuters) – Pan-European stock market operator Euronext said on Monday that it was in talks with Spanish bourse BME over a possible takeover offer, as consolidation heats up in the financial exchanges industry.

“Euronext confirms that it is now in talks with the Board of Directors of BME, which may or may not lead to an offer being made. A further announcement will be made as and when appropriate,” Euronext said in a statement.

Euronext had also recently beaten off a challenge from Nasdaq to buy the Oslo exchange. (Reporting by Sudip Kar-Gupta, editing by Louise Heavens)

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