FRANKFURT: Deutsche Boerse AG and London Stock Exchange Group Plc (LSE) agreed to combine in a US$30bil deal to create a European trading powerhouse better able to compete with US rivals encroaching on their turf.
But the deal, which marks a third attempt to link the Frankfurt and London exchanges, may prompt a bidding war after New York Stock Exchange owner Intercontinental Exchange said it might make an offer for the British group.
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