February 27, 2017 / 12:02 PM / 9 months ago

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

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.

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. REUTERS/Kai Pfaffenbach

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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