[By October] it will be difficult to justify an 'amber' rating.

In particular, her knowledge of European and global operations will be of immense value to the Exchange as we widen and strengthen the scope of our European business.

OM has failed to address the serious concerns we have raised about their technology, financial track record and ownership control and governance, ... two unattractive alternatives: either even more shares of uncertain value or cash and even less influence.

We'll be fighting to get the right position for the LSE for a long time yet,

This reinforces the board's view that the London Stock Exchange is not up for sale,

The London Stock Exchange is not up for sale,