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LSE selling clearing arm to Euronext to pave way for Deutsche Boerse merger

Euronext operates listed-derivatives markets as well as stock exchanges in France, the Netherlands and Belgium.


LONDON Stock Exchange Group Plc agreed to sell its French clearing unit to Euronext NV for 510 million euros (S$767 million) in cash, putting it on course to end a 13-year combination that the company hopes will pacify competition watchdogs.

LCH Clearnet SA's sale requires...

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