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London Stock Exchange and Deutsche Börse say merger will go ahead

Discussion in 'Market News' started by Lily, Jun 24, 2016.

  1. Lily

    Lily Forum Member

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    Brexit vote means deal should either proceed or if it does combined firm should not be based in UK, say German politicians

    The London Stock Exchange and Deutsche Börse have insisted their proposed £21bn merger will still go ahead, despite a German politician declaring the tie-up “dead” after the UK voted to leave the European Union.

    The two companies announced merger plans this year after two previous failed attempts. the proposing a deal that would lead to the combined firm domiciled in Britain, with head offices in Frankfurt and London.

    Related: Wall Street joins global market sell-off as Brexit recession looms - live

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