Euronext has offered € 510 m ( $ 529 m ) for the London Stock Exchange 's ( LSE ) French clearing house , LCH.Clearnet . The deal is expected to paved the way for euros 's £ 21bn ( $ 26bn ) deal with Germany 's Deutsche Boerse , due to complete during spring 2017 . Euronext , which owns the main stock exchanges in Paris , Belgium and Portugal , will hold a general meeting in Q1 2017 for stockholders to vote on the purchase . LCH had a gross value of € 69 million to June shareholders , with net assets of € ##50 m .
Euronext has offered €510m ($529m) for the London Stock Exchange's (LSE) French clearing house, LCH.Clearnet. The deal is expected to pave the way for LSE's £21bn ($26bn) deal with Germany's Deutsche Boerse, due to complete during H1 2017. Euronext, which owns the main stock exchanges in Paris, Belgium and Portugal, will hold a general meeting in Q1 2017 for stockholders to vote on the purchase. LCH had a gross income of €69m to June 2016, with net assets of €301m.