The London Stock Exchange Group, which comprises the London exchange, Borsa Italiana in Milan and LCH.Clearnet, Europe’s biggest off-exchange derivatives clearing house, had no comment. Shareholders of the London Stock Exchange (LSE) will vote on Monday on whether to back a $27 billion merger with Deutsche BoerseThis is London Stock Exchange’s third attempt to merge with Deutsche Boerse in 16 years. Deutsche Boerse shareholders are being asked to approve the tender offer in a postal vote that will be completed by 12 July. When the Brexit vote result was announced on 24 June, the London exchange said the deal would go ahead as planned without any changes to the terms. That makes the 54:46% split between Deutsche Boerse and the London exchange far more favourable to the latter’s shareholders as they would get the same number of Deutsche Boerse shares despite the pound’s slump in value.

Source: Mint July 03, 2016 16:30 UTC