People walk through the lobby of the London Stock Exchange in London, Britain August 25, 2015. REUTERS/Suzanne Plunkett
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
Europe's biggest financial exchanges said Friday their proposed merger is effectively bullet-proofed against a British vote on European Union membership.London Stock Exchange and Deutsche Boerse have set up a committee to advise on the implications of the U.K.'s June 23 "Brexit" vote, but said their politically sensitive merger proposal would prosper regardless.Tuesday's friendly deal between LSE and Deutsche Boerse follows two failed attempts to join forces in the past 16 years.Shares in LSE were up 1.7 percent at 10:28 a.m. GMT, outperforming a 0.8 percent stronger FTSE midcap index, while Deutsche Boerse was up 0.7 percent, lagging a 2.3 percent firmer DAX index.On Friday the exchanges confirmed the LSE's long-standing Chief Executive Xavier Rolet would step down in favour of Deutsche Boerse peer Carsten Kengeter.
FOLLOW THIS ARTICLE