After London Stock Exchange shareholders last week gave their nod of approval to the LSE's merger with Frankfurt-based Deutsche Borse, this week's vote by the other side of the transaction might be made a little bit easier. Deutsche Börse AG has announced that it is evaluating lowering the minimum acceptance threshold for the deal, technically…
Read moreAfter yesterday's vote of London Stock Exchange Group shareholders approving the LSEG's merger with Deutsche Borse AG, Deutsche Borse put out the following statement - in part to reiterate the two group's plans of fully proceeding with the merger despite the UK 'Leave' vote in the Brexit referendum. [divide] Statement by Deutsche Börse AG on London…
Read moreExchange operators Deutsche Börse and London Stock Exchange have issued a joint statement in the wake of yesterday's pro-Leave Brexit vote, stating their commitment to continue with the planned merger of the two companies. As with all things pan-European, there exists a lot of uncertainty this morning regarding many business relationships and what the fallout of…
Read moreShareholders of London Stock Exchange Group Plc (LON:LSE) are set to vote on the proposed merger with Deutsche Boerse AG (ETR:DB1) in July, according to a joint statement from the companies made this morning. LSEG and Deutsche Boerse note that they continue to make good progress with the preparation of the relevant documentation for their shareholders…
Read moreA follow-up to LeapRate's earlier report about Intercontinental Exchange Inc (NYSE:ICE) considering a bid for London Stock Exchange Group Plc (LON:LSE)... ICE today announces that it has no current intention to make an offer for LSEG. ICE stated that following due diligence on the information made available, it determined that there was insufficient engagement to confirm…
Read moreThere is an update on the proposed merger of London Stock Exchange Group Plc (LON:LSE) and Deutsche Boerse AG (ETR:DB1)... The board of directors of LSE and the management board of Deutsche Boerse today announce that they have reached agreement on the terms of a recommended all-share merger. The deal will be implemented via the establishment…
Read moreInternational operator of global exchanges and clearing houses Intercontinental Exchange Inc (NYSE:ICE) has just confirmed that it ponders making a bid for London Stock Exchange Group Plc (LON:LSE). The announcement comes just a week after LSE and Deutsche Boerse AG (ETR:DB1) said they were in advanced-stage merger discussions. In today's announcement, ICE notes that no approach…
Read moreFurther to LeapRate's report about London Stock Exchange Group Plc (LON:LSE) and Deutsche Boerse AG (ETR:DB1) discussing a merger, the two companies have today provided more details about the potential deal. A combined group will be formed as a result of the merger. It will be domiciled in London and will have LSEG in London…
Read moreLondon Stock Exchange Group Plc (LON:LSE) and Deutsche Boerse AG (ETR:DB1) have just confirmed that they are in talks about a potential merger. The share prices of the two companies have seen a spike today following earlier press reports about the dubbed merger discussions. Key points: The official announcement from the companies states that the…
Read moreProfessor Lex Hoogduin, Chairman of LCH.Clearnet Group Limited, is joining the London Stock Exchange Group Plc (LON:LSE), as a non-executive director. Previous roles of Professor Hoogduin include that of Executive Director at De Nederlandsche Bank (DNB), where he served from January 2009 until July 2011. He has also held a set of economic advisory positions…
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