Latest in Tag: London stock exchange Highlight
Latest in Tag: London stock exchange
Baker McKenzie and White & Case are legal advisers
The planned merger between the London Stock Exchange and the Frankfurt-based Deutsche Börse is moving closer towards reality, despite concerns raised by Brexit and stock market competitors.
Shareholders in the London Stock Exchange Group (LSEG) have voted overwhelmingly for a merger with Deusche Börse despite post-Brexit concerns voiced by German regulators about the new entity being domiciled in London.
The Brexit vote has not impacted the resolve of Deutsche Börse and the London Stock Exchange to push through their planned merger. They said the tie-up would be even more important now that Britain was leaving the EU.
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The planned fusion of the Frankfurt and London stock exchanges has sparked concern within the metropolis on the Main. Will Frankfurt lose its status as an important trading center? Stefan Wolff reports.