LCH.Clearnet seeks deal

The management of clearing house LCH.Clearnet wants to combine its own restructuring plan with a &euro;813m takeover offer from a consortium of 11 banks and interdealer broker ICAP.<br /><br />LCH.Clearnet management has proposed buying out the firm's 123 shareholders who would then be invited to reinvest on an equal basis. The firm&rsquo;s management hopes offering board control, plans to restructure part of its technology platform and further cuts in clearing fees would be enough to tempt the consortium.