LSE in talks to sell LCH's French arm to Euronext

Sale could help satisfy Brussels’ anti-trust concerns over £21bn merger between LSE and Germany’s Deutsche Börse

The London Stock Exchange Group said it is looking to sell the French clearing arm of LCH to Euronext NV in a bid to drive through its £21bn tie-up with Deutsche Börse.

LSE Group said it was exploring the sale of LCH SA to the European exchanges operator as it looks to see off anti-trust concerns raised by the European commission over the mega-merger.

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from Mergers and acquisitions | The Guardian http://ift.tt/2hOVZwK