One of the largest global stock exchanges, valued at USD 30 bln, will emerge as a result of the merger.
London Stock Exchange (LSE) and his rival from Frankfurt Deutsche Boerse have reached agreement on the merger, RBC-Ukraine reports.
One of the largest global stock exchanges, valued at USD 30 bln, will reportedly emerge as a result of the merger. The representatives of stock exchanges also note that the deal will allow to annually save about USD 500 mln.
As a result of the merger, the shareholders of the German Stock Exchange will receive 54.4% shares, LSE owners – 45.6%.
Both partners on this deal expect that the upcoming merger will allow to sharply compete with US and Hong Kong Stock Exchanges.