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London Stock Exchange in merger talks with Deutsche Börse



TomandJerry

Well-known member
Oct 1, 2013
11,366
The*London Stock Exchange*is in talks to merge with Germany’s Deutsche Börse in a deal that would seal an alliance first discussed at the turn of the millennium.

The LSE confirmed on Tuesday*it was in detailed discussions*with its German rival about an all-share merger. Under the proposed structure, Deutsche Börse shareholders would own 54.4% of the combined company and LSE shareholders would hold 45.6%.
 


ofco8

Well-known member
May 18, 2007
2,386
Brighton
The*London Stock Exchange*is in talks to merge with Germany’s Deutsche Börse in a deal that would seal an alliance first discussed at the turn of the millennium.

The LSE confirmed on Tuesday*it was in detailed discussions*with its German rival about an all-share merger. Under the proposed structure, Deutsche Börse shareholders would own 54.4% of the combined company and LSE shareholders would hold 45.6%.

In other words a full blown takeover will happen eventually and we lose control of yet another national asset. I thought we were trying to protect the City of London.
 


skipper734

Registered ruffian
Aug 9, 2008
9,189
Curdridge
Is this more selling the family jewels. Or would it be a hostile takeover?
 


JC Footy Genius

Bringer of TRUTH
Jun 9, 2015
10,568
A cynical soul might suggest this is a move designed to retain a Germanic vice like grip on our financial goolies just in case we had the temerity to walk away from their pre ordained domination of Europe.

#spintastic
 








Monsieur Le Plonk

Lethargy in motion
Apr 22, 2009
1,858
By a lake
....and the referendum is not stalling the merger talks. Maybe a vote to leave won't have the negative effect on the City that some are suggesting.
 






Herr Tubthumper

Well-known member
NSC Patreon
Jul 11, 2003
59,198
The Fatherland
Wouldn't happen in Germany
 












cunning fergus

Well-known member
Jan 18, 2009
4,744
....and the referendum is not stalling the merger talks. Maybe a vote to leave won't have the negative effect on the City that some are suggesting.


Indeed, even more interesting is that, as I recall, the European Commission (y'know the Herbertswe can't vote for but who make the laws), previously ruled against this very meger on competition grounds about 10 years ago.

Approving the same merger now will of course indicate the previous ruling was wrong, which to be fair to the Commission (which I am usually not) was probably the right decision.

If they do approve it, it will give the EU the ability to manange how the London market works (if there was was a Brexit?
 


beorhthelm

A. Virgo, Football Genius
Jul 21, 2003
35,264
If they do approve it, it will give the EU the ability to manange how the London market works (if there was was a Brexit?
or, it will allow the London market to trade seamlessly within the EU as one big platform. a virtual trading tunnel between The City and Frankfurt :thumbsup:
 



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