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London Stock Exchange says in merger talks with German rival

[LONDON] London Stock Exchange Group, which owns the London and Milan exchanges, said Tuesday that it is in merger talks with Deutsche Boerse about a possible merger.

Following a sharp jump in LSE Group's share price, "the Board of LSE and the Management Board of Deutsche Boerse confirm that they are in detailed discussions about a potential merger of equals of the two businesses", a statement said.

AFP

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