Shareholders back merger
The Frankfurt stock exchange Deutsche Boerse on Tuesday said its shareholders had backed a planned merger with the London Stock Exchange (LSE).
Earlier this month Deutsche Boerse lowered the threshold for shareholder support needed for the tie-up to 60% from 75%, removing a potential spanner in the works for the deal following Britain's vote to leave the European Union. The 60% level was breached a few hours before the deadline, Deutsche Boerse said in a statement. Photo Nampa/Reuters
Earlier this month Deutsche Boerse lowered the threshold for shareholder support needed for the tie-up to 60% from 75%, removing a potential spanner in the works for the deal following Britain's vote to leave the European Union. The 60% level was breached a few hours before the deadline, Deutsche Boerse said in a statement. Photo Nampa/Reuters
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