Euronext and Deutsche Börse get green light for LSE bid

The UK Competition Commission has cleared the way for Euronext and Deutsche Börse to launch takeover bids for the London Stock Exchange.

In a statement released this morning, the commission said it would allow either exchange to buy the LSE "provided each party gives undertakings to implement a package of structural and behavioural remedies to ensure the independence of LSE's clearing provider".

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