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LSE London Stock Exchange Group Plc

8,620.00
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
London Stock Exchange Group Plc LSE:LSE London Ordinary Share GB00B0SWJX34 ORD SHS 6 79/86P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 8,620.00 8,602.00 8,606.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

LSE Group Denies Speculation About Post-Merger Relocation

16/01/2017 12:54pm

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LONDON--London Stock Exchange Group PLC (LSEG.LN) said Monday that neither it nor Deutsche Borse AG planned to shift their respective operations from London and Frankfurt following the proposed merger.

"Such action is not contemplated and any statements suggesting otherwise are inaccurate and misguided," the LSE Group said, responding to media speculation.

The merger would create Europe's largest exchange operator, with a market value of around $28 billion.

The European Commission is expected to rule on the deal by March 13, 2017, although this deadline has already been extended twice since October.

 

-Ben Dummett contributed to this article

 

-Write to Razak Musah Baba at razak.baba@wsj.com; Twitter: @Raztweet

 

(END) Dow Jones Newswires

January 16, 2017 07:39 ET (12:39 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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