Exchange said no LSE talks had taken place before Kengeter bought shares
Deutsche Boerse has taken the unusual step
of stating its confidence in chief executive Carsten Kengeter
after a probe emerged last week into his share dealings ahead
of the LSE merger announcement.
The Frankfurt-based exchange said in a
statement on Tuesday: "The supervisory board of Deutsche Boerse
unanimously expresses its full confidence in the chief
executive officer Carsten Kengeter."
The statement followed, according to the
German exchange giant, an extraordinary supervisory board
meeting "in which the investigation by the public prosecutor
has been discussed thoroughly and intensely".
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