Deutsche Börse-LSE forthcoming merger to emphasize London’s edge
March 14, 2016 3:29 am
Deutsche Börse and the London Stock Exchange Group, when the two companies unveil their merger deal this week, will highlight London’s advantages as a financial center.
People privy to the dealing disclosed a formal all-share merger of equals will be proposed to shareholders, incepting a £20 billion ($28.8 billion) European center for trading and risk management.
The agreement aims to establish a regional rival competing with Asian and US counterparts in global derivatives trading.
Previously, the two exchanges confirmed London would be the location for their headquarters, with Deutsche Börse’s Carsten Kengeter as merged company’s’ chief executive.
The material has been provided by InstaForex Company – www.instaforex.com
Deutsche Börse and the London Stock Exchange Group, when the two companies unveil their merger deal this week, will highlight London’s advantages as a financial center.
People privy to the dealing disclosed a formal all-share merger of equals will be proposed to shareholders, incepting a £20 billion ($28.8 billion) European center for trading and risk management.
The agreement aims to establish a regional rival competing with Asian and US counterparts in global derivatives trading.
Previously, the two exchanges confirmed London would be the location for their headquarters, with Deutsche Börse’s Carsten Kengeter as merged company’s’ chief executive.
The material has been provided by InstaForex Company – www.instaforex.com
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