LSE said it might look to sell Paris-based LCH SA to secure the DB merger
Deutsche Boerse and the LSE Group said
they are prepared to sell French clearing house LCH SA to allay
competition concerns linked to their merger after the European
Commission cited a reduction of competition in clearing as a
risk when referring the proposed deal to an in-depth probe.
The LSE said in a statement on Wednesday
afternoon: "LSE Group has confirmed that in order to be able to
address proactively anti-trust concerns raised by the European
Commission in relation to certain businesses, LSEG and LCH
Group Limited intend to explore a potential sale of LCH SA, LCH
Group Limited’s French-regulated operating
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