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Deutsche Boerse, LSE submit merger to EU regulators for approval

Thursday, August 25, 2016 - 18:46
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Deutsche Boerse and the London Stock Exchange Group said they have submitted their US$29 billion merger deal to European Union competition regulators for approval.

[LONDON] Deutsche Boerse and the London Stock Exchange Group said they have submitted their US$29 billion merger deal to European Union competition regulators for approval.

"We believe the merger will create significant value for our customers and shareholders, and facilitate economic growth through the creation of a global markets infrastructure group, anchored in Europe," the two exchanges said in a statement on Thursday.

REUTERS