World Economy

Deutsche, LSE Merger

Deutsche, LSE MergerDeutsche, LSE Merger

The Brexit vote has not impacted the resolve of Deutsche Borse and the London Stock Exchange to push through their planned merger. They said the tie-up would be even more important now that Britain was leaving the EU, DW reported. The Frankfurt and London stock exchanges said Friday they would press ahead with their planned merger even though Britain had voted to leave the European Union. They said in a joint statement that the companies’ boards “remained fully committed to the agreed and binding merger terms” and would continue the process of obtaining the necessary regulatory approvals.