A PYMNTS Company

UK: LSE in good health ahead of Deutsche Boerse merger

 |  October 20, 2016

The London Stock Exchange has posted strong growth figures as it seeks to lock down its merger with the Deutsche Boerse.

In a statement covering the year’s third quarter, the LSE reported that its revenues from continuing operations were up 15pc to £376.2m.

Capital markets revenues stood at £89.6m for the three months ended September 30, a 16pc increase on the figures for the same period last year.

The LSE said that the figures showed that its core divisions are delivering good growth despite a backdrop of testing markets and economic uncertainty, and the healthy third quarter will hearten executives who are still trying to put the finishing touches to the LSE’s £21bn merger with its German counterpart, the Deutsche Boerse.

Full Content: Reuters

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.