London Stock Exchange, Deutsche BÃ¶rse $26 bn merger blocked
The $26 billion merger between London Stock Exchange and its German rival Deutsche BÃ¶rse was blocked by the European Commission on Wednesday, the day the UK began Brexit procedure. The regulator claimed the deal between the exchanges would create a "monopoly in the crucial area of fixed income instruments". Notably, the deal had been in the making for 13 months.