Stock Exchange merger plan being investigated

Stock Exchange merger plan being investigated
 

The European Commission is planning to open an in-depth investigation into the planned £21bn merger of London's Stock Exchange and Germany's Deutsche Boerse.
The scheme would combine the stock exchanges of the UK, Germany and Italy and some big clearing houses to create Europe's largest exchange operator.
Commissioner Margrethe Vestager said it had to make sure that financial markets remained "competitive".
Shareholders of the LSE and Deutsche Boerse have already approved the plan.
The European Union's anti-trust watchdog says such a merger could eliminate competition in areas... read more

 
28 September 2016 in Business, Views: 37
Source: BBC
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