Bourse chair blames UK for failed tie-up

New Straits Times - - Business -

BER­LIN: Deutsche Bo­erse chair­man Joachim Faber has put the blame for a failed tieup with the Lon­don Stock Ex­change (LSE) on Bri­tain and its vote to leave the Euro­pean Union (EU). The LSE last week ef­fec­tively scup­pered a planned merger with Deutsche Bo­erse, by re­ject­ing an EU de­mand to sell a trad­ing plat­form in Italy. Faber, who chairs Deutsche Bo­erse’s su­per­vi­sory board, said the Brexit vote had cre­ated strong head­winds for the €29 bil­lion (RM137.2 bil­lion) deal.

Newspapers in English

Newspapers from Malaysia

© PressReader. All rights reserved.