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LSE shareholders approve Deutsche Börse merger

The approval came about a week and a half after Britons voted to leave the European Union

Chad Bray  |  London 

Shareholders in the London Stock Exchange (LSE) Group approved on Monday plans to merge with Deutsche Börse in an all-stock deal that the stock exchange operators hope will create a European champion in the industry. The approval came about a week and a half after Britons voted to leave the European Union. The surprising outcome of the referendum led to questions about whether the merger could be completed under its current terms, and in particular whether the combined entity's holding company would be based in Britain, as planned. The exchanges, however, said they would press ...

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First Published: Tue, July 05 2016. 23:20 IST
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