Monday, February 27, 2017

LSE says £24bn Deutsche Börse merger in doubt

London Stock Exchange says third attempt at a tie-up is ‘highly unlikely’ given the ‘disproportionate’ antitrust terms set by Brussels

The £24bn merger between London Stock Exchange and its German counterpart Deutsche Börse looks to have been derailed by antitrust concerns in Brussels.

The LSE said it was “highly unlikely” it would be able to meet antitrust conditions set by the European commission for its tie-up with the Frankfurt stock exchange operator.

Related: Deutsche Börse chief probed over €4.5m share deals ahead of LSE merger talks

Continue reading...

from Mergers and acquisitions | The Guardian http://ift.tt/2leuQ6R

No comments:

Post a Comment