london stock exchange in merger talks with deutsche boerse
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
Arab Today, arab today

London Stock Exchange in merger talks with Deutsche Boerse

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Arab Today, arab today London Stock Exchange in merger talks with Deutsche Boerse

London Stock Exchange
London - Arab Today

London Stock Exchange (LSE) has confirmed merger talks with Germany's Deutsche Boerse, the BBC reported Tuesday.

Shares in the LSE soared 17% after it said it was in "detailed discussions" with the German company about a "merger of equals".

Both companies said all their key businesses would continue to operate under their current brand names.

It is the third time the LSE and Deutsche Boerse have tried to strike a deal, first in 2000 then in 2004-5.

Shares in Deutsche Boerse rose 7%.

Source:MENA

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