Wednesday, May 4, 2016

Bags, Americans retire: green light to the creation of a large European stock polo – The Messenger

NEW YORK – The Intercontinental Exchange throws in the towel. The Atlanta group that controls the New York Stock Exchange waiver to buy the London Stock Exchange, and abandon the ambitious project to create a transatlantic stock exchange pole. His step aside, however leaves open the way for the merger between the London Stock Exchange and Deutsche Boerse.

The Intercontinental Exchange had come forward last March 1, in their attempt to block the creation of the large square European stock exchange that would arise from the merger of the German with the London one, which in turn controls the Italian stock exchange. The German Stock Exchange has offered 9.9 billion pounds (14.4 billion dollars) for the LSE.

Today, in a brief statement, ICE said he “had not found sufficient benefits for its shareholders “in the hypothetical merger with the London Stock Exchange.


 

 04/05/2016 16:33:52

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