Carsten Kengeter, CEO of the Deutsche Boerse Group, arrives for the shareholders' meeting of the stock exchange company in Frankfurt, Germany, Wednesday, May 11, 2016. (Boris Roessler/DPA via AP)
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The detailed shareholder documents will be published in June; LSE shareholders will vote on the plans at a meeting in July; and Deutsche Boerse's offer to LSE shareholders will expire in July, the statement said.Under the agreed terms, Deutsche Boerse shareholders will end up with 54.4 percent of the new holding company's capital, and LSE shareholders with 45.6 percent.The LSE and Deutsche Boerse are to become intermediate subsidiaries of the combined group, which will have headquarters in both London and Frankfurt and the board would have "equal representation" from both sides.
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