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LSE and Deutsche Börse in fresh talks to create European powerhouse

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

  1. Lily

    Lily Forum Member

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    Third attempt at £21bn ‘merger of equals’ likely to be closely monitored by politicians in run-up to EU referendum

    The London Stock Exchange and Germany’s Deutsche Börse are in talks about a £21bn merger, in a move likely to be closely monitored by politicians in the run-up to the referendum on the UK’s membership of the EU.

    In their third attempt at a tie-up, the two exchanges are aiming to unite to create a European powerhouse of trading in stocks, bonds and complex financial instruments to take on rivals in the US and Asia.

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