A merger of the London Stock Exchange with its German equivalent Deutsche Boerse could see 1,250 staff lose their jobs, as the groups aim to make annual cost savings of €450m, LSE documents show.
The LSE agreed a 'merger of equals' deal with Deutsche Boerse in March to create one of the largest exchange companies with a combined value of about £21bn. Under the agreement LSE will hold 45.6% of...
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