The U.K.-based arm of Fidelity International has sold its 10%-stake in the London Stock Exchange, according to Reuters.

Fidelity, which has been reducing its majority stake in the LSE for some time now, sold the remaining holding just last week, despite white-hot rumors of a sale. Sources anticipate a merger with Euronext soon and say negotiations are already under way. A merger would seem to greatly benefit LSE shareholders.

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