LSEG to Increase Majority Stake in Clearing House LCH Group

Moderator: moderators

kreslik.news
rank: 10000+ posts
rank: 10000+ posts
Posts: 13435
Joined: Thu Jan 14, 2016 9:36 am
Reputation: 2
Gender: None specified

LSEG to Increase Majority Stake in Clearing House LCH Group

Postby kreslik.news » Tue Sep 12, 2017 8:12 pm


The London Stock Exchange has agreed terms with certain minority shareholders for increasing its controlling stake in LCH Group Holdings Limited, the global multi-asset clearing house, according to an official statement.

Register now to the London Summit 2017, Europe’s largest gathering of top-tier retail brokers and institutional FX investors

Under the terms of the agreement, the LSEG will pay undisclosed sum to raise its stake in LCH up to a maximum of 6.8 percent. Back in 2013, the London exchange increased its ownership stake in LCH.Clearnet from 2 percent to 57 percent.

The LSEG said that all ... (read more)

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

Return to “news”