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SYDNEY, Australia (AP) - Australia's biggest investment bank, Macquarie Bank Ltd., said Monday it is considering making a cash bid for the London Stock Exchange PLC as part of a consortium.
Macquarie, which has previously focused its investments strategy around toll roads, airports and other infrastructure assets, said it is "considering a number of potential acquisition opportunities, which includes a possible formal approach being made to the London Stock Exchange."
In a statement to the Australian Stock Exchange, Macquarie said its deliberations are in "the most preliminary of stages" and there is no guarantee they will lead to a bid for Europe's largest stock market by the value of companies listed.
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