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Deutsche Boerse prepared for future as independent company: CEO
March 1, 2017 / 8:49 AM / 9 months ago

Deutsche Boerse prepared for future as independent company: CEO

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.

FILR PHOTO - The London Stock Exchange is seen in the City of London, Britain, April 11, 2011. REUTERS/Toby Melville/File Photo

“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

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