LSE, Deutsche Boerse deal in jeopardy
London Stock Exchange
London - Arab Today
London Stock Exchange (LSE) said its proposed merger with Deutsche Boerse AG was unlikely to be approved by the European Commission (EC), leaving the stock market operators’ third attempt at combining on the brink of failure.
The LSE said in a statement late on Sunday that the commission had asked it to sell its 60 percent stake in fixed-income trading platform MTS to satisfy antitrust concerns over the merger of Europe’s two largest market operators.
Calling the request “disproportionate,” the British exchange said it believed that it would struggle to sell MTS and that such a sale would be detrimental to its ongoing business. “Based on the commission’s current position, LSE believes that the commission is unlikely to provide clearance for the merger,” it said.
The exchange added that it would still work to make the merger with Deutsche Boerse succeed, but that would be impossible unless the EC changed its position. The commission and Deutsche Boerse declined to comment.
Source: Arab News
- Thursday ,22 November GMT 14:24 2018 Russia’s stock market demonstrates record-breaking figures in 2018
GMT 11:02 2018 Tuesday ,11 December
ASE opens trading on lower noteGMT 15:40 2018 Monday ,10 December
Amman stock market closes trading at JD4.4 millionGMT 19:10 2018 Wednesday ,05 December
Index at Palestine stock market drops by less than one pointGMT 17:58 2018 Sunday ,25 November
Amman stock market wraps up trading at JD2.6 millionGMT 14:24 2018 Thursday ,22 November
Russia’s stock market demonstrates record-breaking figures in 2018GMT 11:45 2018 Tuesday ,20 November
Tokyo stocks close lower as tech issues weigh, Nissan tumblesGMT 15:08 2018 Monday ,19 November
Amman stock market wraps up trading at JD6.1 millionGMT 15:51 2018 Sunday ,18 November
U.S. stocks post weekly losses amid tech shares rout
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 03:21 2017 Friday ,29 September
Nato allies brace for first talks with Mattis in Brussels
GMT 18:30 2017 Thursday ,23 February
Romania's new ministers sworn in
GMT 11:17 2017 Saturday ,02 December
Indebted Alitalia moves to change staff uniforms
GMT 10:42 2017 Tuesday ,08 August
S.Korean court orders Mitsubishi to pay over war labour
GMT 09:02 2017 Wednesday ,19 April
Saudi-Mauritanian military cooperation discussed
GMT 03:31 2015 Monday ,27 July
Bodies found in New Zealand search for avalanche Canadians
GMT 19:21 2017 Thursday ,16 February
Israel's opposition leader calls for sacking Ayoub Kara for his statements on Palestinian state
GMT 03:07 2017 Thursday ,07 December
Palestinian factions say U.S decision could lead to uprising
GMT 11:48 2017 Tuesday ,21 February
North Korea, Malaysia row deepens as CCTV footage of Kim death emerges
GMT 21:23 2017 Monday ,24 April
S.Africa winemakers on quest for quality and prestige
GMT 22:59 2017 Wednesday ,12 July
Nigerian vice president says ailing Buhari recovering fast, will return soon
GMT 10:26 2017 Monday ,07 August
Reem happy in 'My Wife’s Fiancee'
GMT 07:30 2015 Tuesday ,27 October
Australia linking sausages to tobacco cancer risk 'a farce'
GMT 08:25 2017 Monday ,17 April
UN Official Hails Social Development in Qatar National Vision 2030
GMT 19:25 2017 Saturday ,14 October
International conf. on Iftaa to help gather Muslim nation
GMT 13:08 2017 Saturday ,25 March
Bahraini-Iraqi sports cooperation discussed
GMT 15:03 2017 Wednesday ,18 January
Choppers save cherries in New Zealand for China in Lunar New Year rush
GMT 20:25 2017 Friday ,17 March
Palestinian President Meets Italian Minister of Foreign Affairs
GMT 14:23 2017 Friday ,01 December
Mauritanian activists arrested over massacre protest
GMT 21:41 2017 Tuesday ,19 September
US, Iran argue over inspections at nuclear watchdog meeting
GMT 12:33 2016 Monday ,12 December
'Hamilton' mixtape beats Stones on US album chart
GMT 21:29 2017 Saturday ,23 September
Premier’s landmark contributions hailed
GMT 02:31 2017 Thursday ,24 August
Aid groups say Yemen airport closure hinders aid, traps patients
GMT 02:26 2017 Saturday ,19 August
For Israel, White House ties trump neo-Nazi condemnation
GMT 19:39 2017 Saturday ,11 March
Emirati women become icons of development and excellence
GMT 11:43 2017 Wednesday ,18 October
Fed pick coming in 'fairly short' time
GMT 07:04 2017 Monday ,23 January
Trump slams protesters on Twitter across the United States who marched
GMT 17:47 2017 Sunday ,28 May
Asma Mashaal presents her new collection for 2017
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor