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London Capital Group confirms takeover approach

12th February 2013 3:45 pm GMT

Spread betting and CFD provider London Capital Group (LCG) said Tuesday that it has received preliminary approaches from Cantor Fitzgerald Europe, GAIN Capital Holdings, and City Index Limited regarding a possible acquisition of the company.

In a statement to the London Stock Exchange, the company said that it had noted the recent rise in its share price and confirmed that preliminary approaches had been made by Cantor, GAIN and City Index regarding a possible acquisition of [...]

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