How Much Cash is Euronext Willing to Pay for LCH.Clearnet?

[kreslik.news]

Following the announcement by Deutsche Börse on 28 September 2016 and update on 20th December that the London Stock Exchange Group (LSEG) and LCH.Clearnet Group were exploring the sale of LCH.Clearnet, LSEG and LCH Group entered into exclusive discussions with Euronext.

LSEG and LCH Group confirmed today that they have received an irrevocable all-cash offer from Euronext which has been granted exclusivity to acquire 100 percent of the share capital and voting rights of Clearnet.

Multi-Asset Central Counterparty

Clearnet is a leading, multi-asset, eurozone-based Central Counterparty (CCP) serving Euronext’s markets, pan-European electronic trading platforms and OTC markets, with gross income of ... (read more)