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EU blocks the proposed merger of Deutsche Borse and LSE

The EU antitrust authorities blocked the planned merger of Deutsche Borse and London Stock Exchange, The Wall Street Journal reports.

Two largest operators of financial markets in Europe - London Stock Exchange Group and Deutsche Borse - announced the possibility of a $30 billion merger in the second half of February.

In accordance with the regulators' requirements, LSE previously agreed to sell the French unit Euronext for € 510 million.

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