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 09:00 2018 Wednesday ,12 December
May tours Europe in desperate bid to save Brexit deal
GMT 09:47 2018 Monday ,10 December
Russian ex-policeman convicted over 56 murders
GMT 22:48 2018 Thursday ,13 December
French archaeological mission discovers artefacts in Umm Al Qaiwain
GMT 09:12 2018 Wednesday ,12 December
Ford trains 1,600 motorists in Mideast, Africa in 2018
GMT 13:29 2018 Friday ,14 December
Turkey targets military over alleged Gulen links
GMT 13:52 2018 Thursday ,13 December
Economic conference on investment opportunities in Syria kicks off
GMT 10:03 2018 Monday ,10 December
23 Palestinians arrested in West Bank
GMT 16:11 2018 Friday ,07 December
Iraqi singer Kadim Al Sahir returns to Dubai Opera stage
GMT 15:46 2018 Wednesday ,12 December
Festive Fashion by Dubai-based designer ASMARAÏA
GMT 14:30 2018 Friday ,07 December
Major oil producers haggle over production cut
GMT 05:08 2017 Friday ,06 October
Maduro, Kerry meet in Colombia after peace deal signing
GMT 14:53 2018 Friday ,30 November
International Day of Solidarity with Palestinian People focus of dailies
GMT 14:24 2018 Thursday ,15 November
Putin: Negotiations with Japan on peace treaty require deep analysis
GMT 15:45 2018 Friday ,26 October
Medvedev to represent Russia at upcoming APEC summit
GMT 00:17 2018 Tuesday ,02 January
Two movie theatres allocated for Bahrain’s football fans
GMT 02:14 2017 Wednesday ,25 October
Oct24/Nov22
GMT 09:52 2017 Thursday ,13 April
Kremlin condemns 'unacceptable' ECHR ruling on Beslan massacre
GMT 15:32 2015 Sunday ,20 December
Arab league holds meeting to discuss legal measures to suspend channels offending Arab countries
GMT 11:31 2017 Monday ,06 November
Houthi militants attempt to cut the only crossing to Taiz
GMT 14:53 2017 Thursday ,05 October
R+Co unveils new hair launches
GMT 12:48 2018 Tuesday ,23 October
Third session of Russian-Serbian inter-parliamentary commission in Moscow
GMT 12:49 2018 Saturday ,20 October
Trump Administration preparing to exit INF Treaty
GMT 15:21 2017 Friday ,10 March
US Senate Approves Trump's Israel Ambassador Nominee
GMT 08:38 2018 Friday ,19 January
EU car sales top 15-mn barrier in 2017: data
GMT 13:41 2017 Wednesday ,12 April
No-logo deal for All Black star Sonny Bill after jersey protest
GMT 12:31 2016 Thursday ,22 December
Balotelli off as Monaco close
GMT 11:52 2016 Friday ,09 December
1,000 Russian athletes in 'institutionalised' doping
GMT 04:42 2016 Monday ,19 December
Saudi Deputy Crown Prince meets Pakistan Army Chief
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