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LSE shareholders expected to back Deutsche Börse merger

Discussion in 'Market News' started by Lily, Jul 4, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
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    Since the referendum vote, German politicians and regulators have criticised the deal and called for revisions to the terms or for it to be scrapped

    London Stock Exchange shareholders meet on Monday to approve the company’s merger with Deutsche Börse under a cloud created by Britain’s decision to leave the EU.

    The exchanges announced a £21bn deal in February to create a European powerhouse of trading in stocks, bonds and complex financial instruments to take on rivals in the US and Asia. It is the third time the companies have discussed merging after failed attempts in 2000 and 2005.

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