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Regulators examining LSE-Boerse merger after Brexit vote: German finance ministry

Published 06/28/2016, 08:01 AM
Updated 06/28/2016, 08:10 AM
© Reuters. A worker shelters from the rain as he passes the London Stock Exchange in the City of London
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BERLIN (Reuters) - London Stock Exchange (L:LSE) and Deutsche Boerse (DE:DB1Gn) are examining the consequences of the British vote to leave the European Union on their planned merger together with regulators, a spokeswoman for Germany's finance ministry said on Tuesday.

"It is the job of the regulatory authorities to form an opinion here," the spokeswoman told a regular government news conference when asked about the impact of the Brexit vote.

"In addition, the companies themselves will be thinking about the consequences of the result of the referendum," she said, adding that the ministry would await any outcome.

© Reuters. A worker shelters from the rain as he passes the London Stock Exchange in the City of London

Earlier, the head of German financial market regulator Bafin came out against London as the headquarters for a merged group combining London Stock Exchange and Deutsche Boerse.

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