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London Stock Exchange Says Prospects Excellent

The London Stock Exchange, which has fought off four takeover attempts in two years, said on Thursday it continued to perform well and was confident of a strong result for the current financial year.

"Our prospects for the year ahead are excellent as strong business fundamentals continue to drive strong growth," Chief Executive Clara Furse said in a trading update ahead of its results for the year to March 31.

The London Stock Exchange, Europe's largest share market, successfully fended of a hostile 2.7 billion pound ($5.30 billion) bid from Nasdaq Stock Market Inc in February.