Euronext in talks with LSE and LCH to buy French operating subsidiary
Euronext, a pan-European stock exchange, has entered into negotiations with the London Stock Exchange and clearing house LCH Group, to buy the latter's French-regulated operating subsidiary, LCH SA.
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The potential sale of LCH SA is to address anti-trust concerns raised by the European Commission, and could pave the way for a merger between the LSE and Deutsche Borse, which is also subject to regulatory approval.
The LSE stressed that there was no certainty that the discussions would lead to any transaction.