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London Stock Exchange is in merger talks with German rival Deutsche Boerse

A bull statue stands in front of the stock market in Frankfurt, Germany. The London Stock Exchange and Deutsche Boerse and reportedly in talks to merge.

London Stock Exchange Group PLC is within merger talks with Deutsche Boerse AG, a tie-up that will create one of the biggest exchange companies in the world.

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Shares on the market operators soared as the companies confirmed in a statement that they’re considering an offer. If the all-share merger take place, LSE Group equity holders would own 45.6 per cent of the enlarged group, while Deutsche Boerse stockholders would get 54.4 percent.

The leader officers of both companies are keen dealmakers.

LSE Group head Xavier Rolet has bought an index provider and expanded into clearing, while Deutsche Boerse boss Carsten Kengeter spent US$1.5 billion in the first 60 days in charge of Europe’s largest derivatives exchange.

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