Deutsche Börse, LSE Merger Deadline Set to Be Extended

[kreslik.news]

European competition watchdogs are seeking to once again extend their deadline for ruling on the Deutsche Börse takeover of London Stock Exchange Group in order to allow regulators more time to review the firms’ clearinghouse operations, according to a Bloomberg report.

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The proposed delay of between 5 to 10 days will give regulators the opportunity to question others in the market about any remedies offered by the companies – also known as a market test.

Just last month, Finance Magnates reported that the landmark merger ... ([url=http://www.financemagnates.com/institutional-forex/exchanges/deutsche-borse-lse-merger-deadline-set-extended/]read more)