LSE to hold Deutsche Boerse merger vote in July

The dollar hovered near seven-week lows against the euro. It has fallen this week on reduced expectations for near-term interest rate hikes from the Federal Reserve, particularly after comments from Fed Chair Janet Yellen.(People walk through the lobby of the London Stock Exchange in London - Reuters filepic)

LONDON: London Stock Exchange Group plc (LSE) will hold its shareholder meeting on the proposed US$30bil merger with Deutsche Boerse in July, the British firm said in an update.

Both exchanges “continue to make good progress with the preparation of the relevant documentation for their shareholders in relation to the recommended all-share merger,” LSEG and Deutshe Boerse said in a joint statement.