FRANKFURT (Reuters) - Deutsche Boerse’s (DB1Gn.DE) chief executive said it was regrettable that the London Stock Exchange (LSE.L) had decided not to sell its trading platform in Italy, all but ending a planned merger, but said the German group could continue on its own.
“We feel very well prepared as a company for the future,” Carsten Kengeter said on Wednesday.
LSE publicly ruled out on Sunday a demand from European antitrust regulators that it sell trading platform MTS, derailing the 29 billion euro ($30.6 billion) deal with Deutsche Boerse.
“It is pointless to me to speculate on what the reasons behind our merger partner’s decision were,” Kengeter said.
Reporting by Andreas Kroener; Writing by Maria Sheahan; Editing by Edward Taylor