Deutsche Boerse and LSE have said the merged entity will be based in London
Deutsche Boerse has hinted for the first
time at concessions to its plan to move its group headquarters
to London after merging with the London Stock Exchange Group in
an effort to placate increasing German opposition to the
proposal in the aftermath of the UK Brexit vote.
The German exchange giant, run by chief
executive Carsten Kengeter (pictured), said in a statement on
Tuesday: "In anticipation of a vote by the UK to leave the
European Union, the boards of Deutsche Boerse and LSEG set up a
referendum committee, chaired by the chairman of Deutsche
Boerse, Joachim Faber, to make recommendations to the combined
group board to ensure that the combined group will meet all
regulatory requirements to secure closing of the transaction
and achieve its commercial objectives."
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