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Little support for OM bid, says LSE

Shareholders representing only 1% of the London Stock Exchange's issued share capital have so far supported the bid by OM Gruppen for the LSE, according to the London exchange.

The LSE said that it had received &quotnegligible&quot acceptances in respect of only 300,000 shares in support of OM's £820m (€1.4bn) hostile takeover bid. It urged shareholders to continue to reject the offer.

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