Wednesday May 18 2016

News Source: Global Exchanges

Focus: General - Global Exchanges

Type: General




London Stock Exchange Group (LSEG) and Deutsche Börse have announced that they are continuing to make good progress with the preparation of the relevant documentation for their shareholders in relation to the recommended all-share merger announced on 16 March 2016.

The publication of the Shareholder Documents is subject to approval by the Federal Financial Supervisory Authority (BaFin) in Germany, the United Kingdom Listing Authority (UKLA), the board of LSEG and the management board of Deutsche Börse. It is currently expected that:

  • the Shareholder Documents will be published in June;
  • the LSEG shareholder meetings required in connection with the Merger will take place in July; and
  • the end of the acceptance period for the securities exchange offer to Deutsche Börse shareholders will be in July.

Click on the link above for further details.