LSEG, DB merger on the brink of failure

摘要

deutsche boerse and the london stock exchange group last week reiterated their commitment to a planned €29bn tie-up, despite near-certainty that the deal will fail to secure regulatory approval. The deal's fate took a negative turn after EU competition authorities called for LSE to offload a majority stake in Italian bond trading platform MTS. LSE has ruled out a sale, which would require approval from reluctant Italian regulators. LSEG's Italian businesses represent around 25% of group revenues and profitability, while MTS represents around 7.5%.