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Deutsche Börse AG and the London Stock Exchange Group (LSEG) have made one step closer to a landmark merger, following the tender of 75% of Deutsche Börse shares under the offer of HLDCO123 PLC, according to a Deutsche Börse filing.
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Last month, shareholders of Deutsche Börse showed their reluctance to approve the merger deal with the LSEG, which followed after the recourse of the Brexit referendum. Subsequently, a special amendment had only required the approval of 60% of shareholders instead of the original 75%, ... (read more)