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LSE And Deutsche Boerse Get Norwegian Approval For Merger

LONDON (Alliance News) - London Stock Exchange Group PLC on Friday said ...

Alliance News 17 February, 2017 | 9:34PM
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LONDON (Alliance News) - London Stock Exchange Group PLC on Friday said it and German peer Deutsche Boerse AG have secured Norwegian approval for their proposed merger.

LSE Group said the Financial Supervisory Authority of Norway has now approved the deal after saying it does not reject to any change in ownership of LCH.Clearnet Ltd, the clearing house operating which has operations in Norway.

The approval brings the two a step closer to getting full passage for their proposed GBP21.00 billion tie-up.

LSE Group shares were down 0.2% to 3,112.00 pence on Friday.

By Sam Unsted;; @SamUAtAlliance

Copyright 2017 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article
Security Name Price Change (%) Morningstar
London Stock Exchange Group PLC 4,226.00 GBX -0.56
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