LSE and Deutsche Börse strike deal
Two exchanges unveil details of "merger of equals", which will create Europe's biggest exchange group, UK TopCo
The London Stock Exchange Group (LSE) and Deutsche Börse (DB) have agreed to merge and create Europe's biggest stock exchange operator, challenging US and Hong Kong rivals.
The two exchanges published the agreement on Wednesday (March 16), outlining details of the merger, which is subject to competition clearance from the European Union, the US and Russia.
Under the proposed deal, LSE and DB will merge, and the newly formed holding company, UK TopCo, will be incorporated in the UK, with board
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