EU vetos Deutsche Boerse-London Stock Exchange merger deal


An attempted merger between the German and British stock exchanges was struck down by European regulators on Wednesday, formally ending a deal that unravelled in the wake of Britain's vote to leave the European Union. "We could not approve this merger on the terms ..

. proposed," said European Competition Commissioner Margrethe Vestager, blocking the 29 billion-euro ($31 billion) deal to combine Deutsche Boerse and the London Stock Exchange. A merger would have created Europe's biggest stock exchange. But the European.....

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