Updated 2016-02-23 15:56. Published 2016-02-23 14:33
The news was met with happy faces of the market and the two listed companies’ shares rose sharply on the news. Shortly after three o’clock had the London Stock Exchange’s share has risen by 18.6 percent while Deutsche Stock Exchange shares were up 8 percent.
a merger had , meant that the company will become one of the world’s largest stock exchanges in the same league as the American big players CME Group and Intercontinental Exchange, writes the Financial Times.
“the Board believes that the potential merger represents a compelling opportunity for both companies to strengthen each other in a branschdefinierande combination which creates a leading European group,” says the London Stock Exchange a statement to the Financial Times.
this is the is not the first time a possible deal between the companies is in the news. Ten years ago fought the London Stock Exchange for not being acquired by both Deutsche Stock Exchange and Nasdaq.
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