D Börse, LSE formalise LCH sale offer

DAX D Boerse media gallery
By Ross Lancaster
07 Feb 2017

Deutsche Börse and the London Stock Exchange Group on Tuesday announced submissions to the European Commission for the formal divestment of the latter’s Paris clearing house, LCH Clearnet SA.

Prospective buyer Euronext agreed the sale of LCH Clearnet SA with LSEG in January.

But the EC has been conducting one strand of its review, named ‘Phase II’, into the merger since September. On Monday both merger parties submitted commitments for the sale as part of the process.

The ...

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