News In brief
LCH.Clearnet set to resolve ownership
The shareholders of London-based clearing house LCH.Clearnet voted with a 97% majority on October 14 to support the voluntary redemption of up to 33.3 million shares.
The buyout, scheduled to take place on November 5, is intended to resolve the house's ownership issues, enabling greater ownership for users of the company. Euroclear, the largest single shareholder at 15.8%, has already said it will sell its stake.
"A further alignment of users and owners
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