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LSE, Deutsche Boerse merger gets Norwegian approval

Fri, 17th Feb 2017 14:30

(ShareCast News) - London Stock Exchange and Deutsche Boerse have been given the go-ahead for their proposed merger by the Financial Supervisory Authority of Norway.

The Norwegian authority said it does not object to the change of control of clearing house LCH.Clearnet Ltd, which has operations in Norway.

The companies are still waiting on other approvals before they can complete their 21bn merger.

At 1435 GMT, LSE shares were up 0.1% to 3,122p, while Deutsche Boerse shares were down 0.1% to 81.37.

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