Posted on 03/16/2016 12:46:32 AM PDT by Berlin_Freeper
The London Stock Exchange (LSE) has agreed merger terms with German stock exchange operator Deutsche Borse.
LSE said in a statement on Wednesday that both parties "have reached agreement on the terms of a recommended all-share merger of equals." The deal will be done through a new UK holding company.
LSE shareholders will own 45.6% of the new merged companies while Deutsche Borse investors will hold the rest. The deal is one of the biggest market tie-up in decades, creating a new company with a likely market capitalisation of at least £20 billion.
(Excerpt) Read more at businessinsider.de ...
Bombs and bullets are how idiots make war.
Mum from the rest of the EU? Keep us posted.... I was stationed in West Germany, so it is with sadness that I have seen the self-destructive Islamization. Spain and Greece are quiet, if Greece really does still exist. I did laugh at the New York Stock Exchange-owner Intercontinental Echange, not so happy with the idea of competition.. Surprise. Economics is not my area of expertise, but anything that makes the NYSE cranky, is probably good for us in the long run. Very interesting times indeed.
Only because of American bombs and bullets, Europe is not all speaking German.
The Deutsche Borse ranks probably at the same level as Wall Street....neither evil or good....just an agent of capitalism.
America didn’t start WW2.
All this means is that when the global stock mirage explodes, the damage will be even more severe.
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