lse agrees clearing house sale for deutsche boerse merger
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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LSE agrees clearing house sale for Deutsche Boerse merger

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Arab Today, arab today LSE agrees clearing house sale for Deutsche Boerse merger

Arab Economy
London - Arab Today

The London Stock Exchange said Tuesday it has agreed to offload the French arm of clearing house LCH to European rival Euronext as it seeks a merger with Deutsche Boerse.

LSE said a cash deal worth 510 million euros ($534 million) had been struck with Euronext, adding in a statement that the proposed sale "would be subject to review and approval by the European Commission in connection with the recommended merger of LSEG and Deutsche Boerse".

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lse agrees clearing house sale for deutsche boerse merger lse agrees clearing house sale for deutsche boerse merger

 



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