February 27, 2017 / 12:02 PM / 5 months ago

Deutsche Boerse merger is a commercial matter - PM May's spokesman

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Carsten Kengeter, CEO of Deutsche Boerse talks to the media during the presentation of FinTec start-up facilities provided by Deutsche Boerse in Frankfurt, Germany, February 24, 2016.Kai Pfaffenbach

LONDON (Reuters) - The fate of a proposed merger between the London Stock Exchange (LSE.L) and Deutsche Boerse (DB1Gn.DE) is a commercial matter for the companies involved, British Prime Minister Theresa May's spokesman said on Monday.

The comment came in response to reporters asking about a statement from the London Stock Exchange on Sunday which all but ended a planned merger that could have created Europe's biggest stock exchange.

Reporting by Elizabeth Piper, writing by William James

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