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Vienna, Warsaw stock exchanges in tie-up talks

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(Globalpost/GlobalPost)

The Vienna and Warsaw stock exchanges said Friday that they were in "preliminary" talks about a tie-up, in what would be the latest move towards consolidation in the sector.

The Warsaw Stock Exchange (WSE) and the Vienna-based CEE Stock Exchange Group (CEESEG) said they "have started preliminary discussions with a view to consider potential ways of strengthening mutual cooperation."

A joint statement added: "At this stage all strategic options and cooperation routes are being reviewed."

stu/wai

http://www.globalpost.com/dispatch/news/afp/130412/vienna-warsaw-stock-exchanges-tie-talks