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In the immediate aftermath of the Brexit referendum, one of the first calamities of the outcome after the British pound was the prospects for a merger deal between the London Stock Exchange and Deutsche Boerse. The companies have announced their intentions some weeks ago and have been largely dismissive of the prospects for the United Kingdom to leave the European Union.
The management of both firms has reiterated on June 24th that the deal is on track and the vote is not going to impact the merger of equals plan in any material way. But as the reality of the tough ... (read more)