Bid/Ask: The Lon­don Stock Ex­change and Deutsche Börse talk tieup; Ver­i­zon gets 20,000 miles of fiber op­tics

Bloomberg Businessweek (Asia) - - CONTENTS -

Lon­don Stock Ex­change talks merger with Deutsche Börse.

Never mind Brexit ... here comes a deal to cre­ate the dom­i­nant se­cu­ri­ties ex­change in Europe. The ex­changes are also pub­licly traded com­pa­nies them­selves, and shares of both soared on the news of the talks. The tieup would be an all-stock deal, with Deutsche Börse stock­hold­ers get­ting 54.4 per­cent of the com­bined com­pany.

By Kyle Stock

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