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Earlier today, Deutsche Börse AG and London Stock Exchange Group (LSEG) announced a landmark merger agreement between the two exchange venues, which culminated in the formation of the new joint entity, UK TopCo. Following the accord, the newly christened group will comprise of a revamped leadership group, with directors from both Deutsche Börse and LSEG.
Per the merger, the new personnel structure will include a total of sixteen new directors from LSEG and Deutsche Börse. More specifically, each group will nominate seven non-executive directors each, paving the way for an eventual group that’s only fourteen-strong. For now ... (read more)