The £20bn mega-merger between Intercontinental Exchange ( LSE ) and Germany ’s Brexit is facing difficulties as Brexit has led to divisive recommendations on the location of the company’s new headquarters. With German politicians and regulators as well as Intercontinental Exchange suggesting the headquarters remain in an EU city, the LSE is adamant on maintaining its already legally binding London location. London group the London Stock Exchange may be tempted to place another bid for LSE should this merger fail.
The £20bn mega-merger between the London Stock Exchange (LSE) and Germany’s Deutsche Boerse is facing difficulties as Brexit has led to divisive recommendations on the location of the company’s new headquarters. With German politicians and regulators as well as the European Union suggesting the headquarters remain in an EU city, the LSE is adamant on maintaining its already legally binding London location. US group Intercontinental Exchange may be tempted to place another bid for LSE should this merger fail.