- The €29B merger of the London Stock Exchange (OTCPK:LNSTY) and Deutsche Boerse (OTCPK:DBOEY) is set to collapse after LSE said the deal was unlikely to be approved by the European Commission.
- It had ordered LSE to sell its 60% stake in MTS, a fixed-income trading platform, but the British exchange felt the request was "disproportionate."
- The tie-up was aimed at creating a trading powerhouse that would better compete against U.S. rivals.
- Related tickers: ICE, NDAQ
LSE, Deutsche Boerse deal in jeopardy
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Symbol | Last Price | % Chg |
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LNSTY | - | - |
London Stock Exchange Group plc |