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Update on all-share merger between DB and LSEG

First Published 15th December 2016

London Stock Exchange Group and Deutsche Börse confirm receipt of Statement of Objections from the European Commission in relation to the proposed merger, reflecting a narrower scope of issues.

Update on the European Commission Phase II Proceedings On 28 September 2016, the European Commission announced the commencement of Phase II proceedings in connection with its review of the proposed merger between London Stock Exchange Group and Deutsche Börse.

Separately, LSEG announced on 28 September 2016 its intention to explore a potential sale of LCH SA, LCH Group Limited's French regulated operating subsidiary, which is making good progress.

Today, as part of the on-going EU Merger Regulation process, LSEG and Deutsche Börse confirm that they have received a Statement of Objections from the European Commission in relation to the proposed merger, reflecting a narrower scope of issues.

LSEG and Deutsche Börse said they look forward to continuing to constructively engage with the European Commission and responding to any concerns raised.

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